It is a broadly described annual report of Rangpur Foundry Limited in the year of 2012. Rangpur Foundry Limited’s Revenue increased about 9.93 % from 686 million BDT to 754 million BDT. The actual production capacity also has increased to 8602.52 MT from 5,544.90 MT in the previous year. During this year, the export amounted US $ 36.581 which is equivalent to BDT Taka. 29.72,640. Net profit after tax for the financial year Taka. 28,381,842. The growth of the company in terms of Revenue and Net profit after tax has increased 9.93% 9.25% respectively in the year ended on 31st December 2012 compared to the year. On the other hand, the company incurred interest expenses and operating expenses, which is 13.52% & 10.36% higher in the year ended on 31st December 2012 compared to the previous year respectively. Earnings per Share (EPS) of the company for the year is Tk. 2.84 based on outstanding 10.000,000 shares of Tk.10 each during this yew.
On 28th June 2012, the 31st Annual General Meeting of the Company decided that a cash dividend of Tk. 2.10 per share would be paid in respect of 2011 earnings. Accordingly, total dividend amount of Tk. 21,000,000 in respect of 2011 have been provided in the accounts of 2012. 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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