Walton's profit down 26pc

_A Monitor Report Date: 16 August, 2022

Dhaka : Walton Hi-Tech Industries PLC reported a 25.91 per cent lower profit in the last financial year compared to a year ago. 
The electronics products manufacturer of Bangladesh made earnings per share of BDT 40.16 for the year that ended June 30 against BDT 54.21 a year ago, it said in a posting on the Dhaka Stock Exchange on August 10. 
The net asset value per share stood at BDT 334.68 with revaluation and BDT 231.34 without revaluation, against BDT 311.59 and BDT 208.16 respectively.
The net operating cash flow per share was BDT 7.91 in the negative in the financial year. It was BDT 31.96 in 2020-21.
The board of Walton Hi-Tech Industries recommended a 250 per cent cash dividend for general public shareholders and a 150 per cent cash dividend for directors and sponsors for the year.
Shares of the company closed down 1.76 per cent on the DSE on August 10.  

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