HOME BRANCHES IMPORTANT LINKS FINANCIAL PERFORMANCE DOWNLOADS
DSE | CSE

User Name
Password

News & Events of PBSL

24-May-2015
IPO Application Form (A4)

20-Feb-2014
Notice for change Margin Loan Ratio

28-Nov-2013
Notice for Fund Withdrawal in Margin Account

03-Nov-2013
Notice for Affected Investors

19-Jun-2013
Notice for maintaining minimum purchase power in Margin Account

Daily Business News All Daily Business News
20 Apr 2014
STOCK WATCH :: Eastern Housing Limited (EHL)

Eastern Housing Limited (the ‘company’), was incorporated in 1964 as a private limited company under the Companies Act, 1913. In 1993 the company was registered itself with RJSC & F as a public limited company which is one of the largest real estate companies in the private sector. The company raised its capital by way of an overwhelmingly subscribed IPO of shares and debentures through a prospectus issued in July, 1994.

The company is the pioneer as well as the only public limited company in the country in real estate business under the private sector. Eastern Housing Limited is one of the earliest members of the REHAB Association, the central body for private sector developers in Bangladesh. It was formed under the leadership of Jahurul Islam to reduce the housing problems of Dhaka city. It started its work by successfully implementing a project of building 700 houses in Pallabi Thana, Dhaka, and acquiring 910 acres (3.68 km) of land. It was one of the first to provide low-cost housing to the residents of Bangladesh (then East Pakistan). Within a short span of time it turned out to be one of the most trusted company in the housing sector.

The company started operations by developing real estate mostly within Dhaka, the capital of the country and subsequently it has started to build shopping malls and apartment outside the capital. It regularly takes part in REHAB real estate fairs, both at home and abroad, and experiences sell-out performances.

Mission:

To build and develop environment friendly apartments, commercial buildings and land projects using the highest standards of safety, architecture, engineering and green technology.

Vision:

To be a world class real estate developer creating maximum value by providing quality homes and business.

Principles

‘ Integrity
‘ Accountability
‘ Transparency

As per un-audited half yearly accounts as on 31.01.2014 (Aug’13 to Jan’14), the company has reported net profit after tax of Tk 71.32 million with EPS of Tk 0.88 as against Tk 100.58 million and Tk 1.25 respectively for the same period of the previous year. Whereas net profit after tax was Tk 39.96 million with EPS of Tk 0.50 for the period of 3 months (Nov’13 to Jan’14) ended on 31.01.2014 as against Tk 79.44 million and Tk 0.99 respectively for the same period of the previous year.

Source :: The New Age