It is a broadly described annual report of Linde Bangladesh Limited in the year of 2010. The Company recorded a growth in turnover of 17% over the last year i.e. to Taka 3,199,374,647 from Taka 2,742,816,718. This was driven mainly by sales growth of MS Electrodes. Profitability in the year reached a new peak. While turnover growth was 17%, Profit from Operations grew by 36%. Pretax profit reached an all-time high of Taka 903,256,446 compared to last year’s level of Taka 772,611,664.
Directors’ recommendation for a final dividend of Taka 10.00 (100%) per share involving a payout of Taka 152,182,800 (2009 Taka 117,180,756) subject to approval at the Annual General Meeting, overall dividend percentage for the year would be 350% and total dividend payout for the year would amount to Taka 532,639,800 (2009 Taka 269,363,556).
The Directors propose to transfer Taka 668,067,771 to General Reserve from the retained profit for the year. An amount of Taka 13,466,000 was charged to the Reserve being adjustment necessary to reflect the deficit in the pension fund as per actuarial valuation 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
