Marico posts Tk 387cr profit
Marico Bangladesh logged 9 per cent higher profits in financial year 2022-23, which ended on March 31.
The company's profits stood at Tk 387 crore in the recently concluded period while it was Tk 355 crore the year before.
Considering the higher profits, it declared 750 per cent cash dividend for the year, of which 450 per cent was declared halfway through the first quarter while another 300 per cent was declared by its end.
However, Marico did not declare any dividends for the fourth quarter.
Stocks of the multinational fast-moving consumer goods producer remains unchanged at Tk 2,421 at the Dhaka Stock Exchange.
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