It is a broadly described annual report of Beximco Synthetics Limited in the year of 2012. During the year under report, Gross turnover has decreased to Taka. 1,396.88 million from Taka. 1,537.97 million. On the other hand, sales quantity has also decreased by 12.84% compared to last year. As a result, the net profit of the Company fell by 25.64% compared to last year. The shares of the Company are listed within the Dhaka and Chittagong Stock Exchanges and quoted at Tk. 24.30 (in 2011: Tk. 36.82) per share in the Dhaka Stock Exchange and Tk. 24.30 (in 2011: Tk. 36.90) per share in the Chittagong Stock Exchange on 30 December 2012.
The Board of Directors has recommended @10% stock dividend for the year ended 31st December 2012 for your approval at the Annual General Meeting. These financial statements are presented in Bangladesh Taka (Taka/Tk/BDT) which is the company’s functional currency. All financial information presented in Taka has been rounded off to the nearest Taka.
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