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Fu Wang Food reports a 55% increase in profit

Industry: Food
Company: Fu-Wang Foods Limited

The earnings for Fu Wang Foods Ltd increased by 55% to Tk 1.55 crore from July to December of the current fiscal year. This is compared to the food manufacturer’s Tk 99.76 lakh profit from the same period a year prior. According to the audited financial accounts, the company reported earnings per share of Tk 0.14 for the first half of 2022–23, up from Tk 0.09 in the July–December of 2021–22.

According to an announcement made by Fu Wang Food on the Dhaka Stock Exchange, the board of directors recommended a 0.50 percent interim cash dividend for the half that ended on December 31.

Fu-Wang Foods is a manufacturer of confectionary items such as cakes, bread, biscuits, toasts, snacks and instant noodles. It also makes chocolate items, drinking water and carbonated drinks, according to the company’s website.


Source for more details:

The Daily Star



Source for more details:

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Source for more insights:

The Business Standard

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Source for more details:

The Future Startup

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Source for more details:

The New Age

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Source for more insights:

The Daily Sun

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Source for more insights:

The Daily Star

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