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Berger Paints secured a 4 per cent year-on-year growth in profit to Tk 3.37 billion in the year ended in March 2025, the highest since its listing.
The profit was driven by higher sales amid the cooling of raw material prices in the global market.
Subsequently, the market leader in the local paint industry reported consolidated earnings per share (EPS) of Tk 72.66 for the year through March, up from Tk 69.92 for the year before, according to price sensitive information published on Monday.
Bolstered by the record profit, the board of directors declared a 525 per cent cash dividend for the year, the highest in seven years.
The company will distribute more than 76 per cent of the profits earned as shareholders will get Tk 52.5 per share against their holdings.
Berger is one of the well-performing stocks with a proven track record and a stable growth in profit and sales even in adverse business climates.
Moreover, a decline in raw material prices in the global market helped offset some of the costs, said an official of the company, requesting not to be named.
To overcome the forex crisis, Berger secured a $60 million loan from its parent company, J&N Investments (Asia) in June 2023.
Berger, which follows the April-March financial year, is yet to disclose annual sales figures for the year through March 2025.
However, its nine-month sales grew 7.3 per cent year-on-year to Tk 20.15 billion through December last year.
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