Berger Paints’ earnings tumble 79% amid Covid-19 pandemic - News Summed Up

Berger Paints’ earnings tumble 79% amid Covid-19 pandemic


Berger Paints’ consolidated net operating cash flow per share (NOCFPS) was Tk10.34 (negative) for April-June 2020 as against Tk20.03 for the same period of last year. Berger Paints Bangladesh is the market leader in Bangladesh Paints industry. Berger alone holds 52% market share, followed by Asian Paints 18%, Roxy 7%, Elite 7%, Pailac 5%, and Aqua paints 2%, the study elaborates. Local paint companies, now around 30, have less than 20% market share, the study adds. Berger Paints Bangladesh was listed on the Dhaka Stock Exchange in 2006.


Source: Dhaka Tribune August 13, 2020 12:22 UTC



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