It is a broadly described annual report of Eastern Housing Limited in the year of 2010. As the turnover during the year increased considerably because of completion of a few projects. Consequently, profit shoots up to Tk. 22.28 Crore. Interest earned on FDR and the STD Account tuned to Tk. 10.36 Crore. Tax on FDR @ 10% was deducted at sources and we have provided further Tax @ 17.50 % to make to the normal rate of 27.50% as per Income Tax Law and net interest-earning is included to after-tax profit amounting to said Tk. 22.28 Crore. The EPS (earning per share) was Tk. 35.90. The price of the share of Eastern Housing Limited was Tk.594.00 as on 01.08.2009 and Tk.757.00 on 31.07.2010 and subsequently, it increased abnormally as on 22.11.2010 price was Tk.1,796.75 (closing).
In view of profit and liquidity position, The Board of Directors has recommended a cash dividend @Tk.25/- per share of Tk.100/- each for the year ending 31.07.2010 for the declaration by 46th Annual General Meeting of the company. These financial statements are presented in Bangladesh Taka (Taka/Tk/BDT) which is the company’s functional currency. All financial information presented in Taka has been rounded off to the nearest Taka.
More Annual Report of Eastern Housing Limited:
- Annual Report 2010 of Eastern Housing Limited
- Annual Report 2011 of Eastern Housing Limited
- Annual Report 2012 of Eastern Housing Limited
- Annual Report 2013 of Eastern Housing Limited
- Annual Report 2014 of Eastern Housing Limited
- Annual Report 2015 of Eastern Housing Limited
- Annual Report 2016 of Eastern Housing Limited
- Annual Report 2017 of Eastern Housing Limited
