Argon Denims Limited reported a 31 per cent decline in annual net profit to Tk16.06 crore in FY2025–26, although operating cash flow improved sharply.
The denim manufacturer’s net profit fell from Tk23.27 crore a year earlier, while earnings per share (EPS) dropped to Tk1.16 from Tk1.68, according to financial results disclosed following its board meeting on Tuesday.
Despite weaker earnings, the board recommended a 10 per cent cash dividend for the financial year ended 30 June 2026, subject to shareholder approval.
Net operating cash flow per share, which measures cash generated from regular business activities, jumped 87.1 per cent to Tk3.76 from Tk2.01.
Net asset value per share edged up to Tk24.60 from Tk24.57, an increase of Tk0.03.
The company has scheduled its 20th annual general meeting for 10 December at 10:30am through a digital platform. The record date for dividend entitlement and shareholder voting is 22 November
