It is a broadly described annual report of Linde Bangladesh Limited in the year of 2009. The Company recorded a growth in turnover of 10% over last year i.e. to Taka 2,742,816,718 from Taka 2,498,583,128. Profitability in the year reached a new peak. While turnover growth was 10%, Profit from Operations grew by 44%. Pretax profit reached an all-time high of Taka 772,611,664 compared to last year’s level of Taka 457,740,076. Directors have recommended a final dividend of Taka 7.70 per share (77%) for the year ended 31st December 2009 involving a payout of Taka 117,180,756. Therefore, the total payout for the year would be Taka 269,363,556 (177%), being at the same level as last year.
The Directors propose to transfer Taka 609,869,992 to General Reserve from the retained profit for the year. A transfer of Taka 26,007,000 to General Reserve from Revaluation Reserve was made during the year. An amount of Taka 12,882,000 was charged to the Reserve being adjustment necessary to reflect the deficit in the pension fund as per actuarial valuation as per BAS 19.
More annual report of Linde Bangladesh Limited :
- Annual Report 2007 of Linde Bangladesh Limited
- Annual Report 2008 of Linde Bangladesh Limited
- Annual Report 2009 of Linde Bangladesh Limited
- Annual Report 2010 of Linde Bangladesh Limited
- Annual Report 2011 of Linde Bangladesh Limited
- Annual Report 2012 of Linde Bangladesh Limited
- Annual Report 2013 of Linde Bangladesh Limited
- Annual Report 2014 of Linde Bangladesh Limited
- Annual Report 2015 of Linde Bangladesh Limited
- Annual Report 2016 of Linde Bangladesh Limited
