It is a broadly described annual report of Salvo Chemical Industry Limited in the year of 2013. The company’s turnover was Taka. 258,765,035 in the year 2013, with a growth of 27.91% compared with the year 2012. Operational revenue stood at Taka. 84,529,435 in 2013 compared to Taka. 55,492,091 in 2012, thus the registered growth was 52.33%. During the financial year, The Company’s Operating Income Tk. 225,013,074 million. Gross Profit Tk. 105,180,141 million. Non-operating Income Tk. 3,203,104 million. Profit/(Loss) before Tax Tk. 73,714,120 million. Net Profit/(Loss) after Tax for the year Tk. 50,770,600 million. Basic Earnings per Share (EPS) Tk. 0.77.
The Board of Directors has recommended @10% Stock Dividend for the year ended 31st December 2013. 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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