It is a broadly described annual report of Linde Bangladesh Limited in the year of 2016. Total payment of duty and taxes to National Exchequer in 2016 was Tk 1,239 m as against Tk. 1,087m for 2015. The revenue of the Company for the year 2016 was Tk. 4,271 m as against Tk. 3,933 m of 2015. The Company recorded an impressive 9% growth in Sales in 2016 compared to the prior year. This was contributed by higher sales in all business segments. Gross profit margin was 17% higher in 2016 compared to the prior year mainly due to the impact of incremental sales.
An interim dividend of Taka 20.00 (200%) per share amounting to Taka 304.36m was paid out in the year. The Directors’ recommendation for a final dividend of Taka 11.00 per share for the year, involving a payout of Taka 167.4 m subject to approval at the Annual General Meeting, overall dividend percentage for the year would be 310% and total dividend payout for the year would amount to Taka 471.77 m (Taka 471.77 m in 2015).
During the year, the Company has paid a total of Tk 170,000 as Board meeting attendance fees. The Directors propose to transfer net profit for the year Taka 875.30 m to General Reserve.
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
