It is a broadly described annual report of Marico Bangladesh Limited in the year of 2015. In FY2014-15, the Company contributed BDT 232 Crores to the National Exchequer by way of supplementary duty; value-added tax and other levies. This represents an increase of BDT 88 Crores over the last financial year. As a percentage of sales, for every 1 Taka of product produced and sold in Bangladesh, 32 paisa is being contributed by Marico towards the welfare of the country. The FY2014-15 has witnessed Marico Bangladesh Limited reaching its all-time highest turnover of BDT 712 Crore – a growth of 11% compared to our last fiscal year. The profit after tax stood at BDT 134 crore, a small dip of 3% compared to the financial year 2014.
The total reserves of the company stood at BDT 140 Crore, details of which are shown in the Statement of Financial Position, as share premium and retained earnings to the Financial Statements. The Board has declared interim cash dividends of 150% and 225% for Q1 and Q3 respectively – all of which have been subsequently paid. The Board of Directors has recommended a final cash dividend of 50% on each equity share of BDT 10. In aggregate, the Board has declared a cash dividend of 425% including interim dividend for the financial year 2014-15. These Financial Statements are presented in Bangladeshi Taka (BDT), which is the Company’s functional currency. All financial information presented in BDT/Taka has been rounded off to the nearest integer.
More annual report of Marico Bangladesh Limited:
- Annual Report 2009 of Marico Bangladesh Limited
- Annual Report 2010 of Marico Bangladesh Limited
- Annual Report 2011 of Marico Bangladesh Limited
- Annual Report 2012 of Marico Bangladesh Limited
- Annual Report 2013 of Marico Bangladesh Limited
- Annual Report 2014 of Marico Bangladesh Limited
- Annual Report 2015 of Marico Bangladesh Limited
- Annual Report 2016 of Marico Bangladesh Limited
- Annual Report 2017 of Marico Bangladesh Limited
