Despite Far East Knitting and Dyeing Industries Ltd., posting a minor increase in earnings for the year ending 30th June 2025 due to greater operational expenses, the board recommended a lesser dividend than the previous year.
The company’s earnings for the year has been Taka 37.40 crore, which is 4% more than the previous year. Its earnings per share increased to Taka 1.71 from Taka 1.64 a year ago, according to a disclosure made today on the website of the Dhaka Stock Exchange.
For FY ’25, the board suggested a cash dividend of 12%, which is less than 14% announced the year before.
According to the corporation, greater supplier payments and higher operational costs were the primary causes for the significant decline in net operating cash flow per share, which fell from Taka 6.36 in FY ’24 to Taka 1.75.
To develop a second spinning facility at Habiganj, the board also authorised an extra Taka 6 crore investment in its affiliated firm, Far East Spinning Industries PLC.
Since its founding in 1994, Far East Knitting has expanded from a little clothing business to become a significant force in Bangladesh’s textile industry, providing international labels like Zara and Mango.
According to the company’s website, the Habiganj spinning mill uses cutting-edge equipment from top manufacturers to generate 100% cotton and viscose yarn.
According to DSE records, as of 30th September 2025, the public owned 24.91% of the shares, institutions held 7.89% and sponsors and directors controlled 67.20%.
