GPH Ispat Limited, a prominent steel manufacturer, has revalued its fixed asset, resulting in a significant increase in its value. The company’s evaluated net asset value per share has risen to Tk52.36, compared to Tk26.77 at the end of March 2023. The total evaluated fixed asset now stands at Tk3220 crore, a substantial increase from Tk1736 crore in March 2023. Despite a slight decline in earnings per share from Tk1.34 to Tk1.16 during the January to March period of fiscal year 2023, the company’s share price on the Dhaka stock exchange remains strong at Tk44.80. This upward revaluation of fixed assets indicates GPH Ispat’s enhanced financial position and potential for future growth.
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