Shasha Denims nears fully owning Italian firm’s local subsidiary Star Business Report Star Business Report
Leading exporter Shasha Denims has acquired another 18 per cent stakes of an Italian company s Bangladesh-based subsidiary, EOS Textile Mills, for Tk 21.79 crore, taking its ownership to 98 per cent.
A disclosure in Dhaka Stock Exchange s (DSE) website says Shasha also received two plots of 4,005.12 square metres at Dhaka Export Processing Zone Extension Area from Bangladesh Export Processing Zones Authority for future expansions.
Shasha s consolidated earnings per share was Tk 0.43 for July-December 2020 against Tk 1.02 for July-December 2019 while the consolidated net operating cash flow per share was Tk 0.52 and Tk 4.14 respectively.