It is a broadly described annual report of Rangpur Foundry Limited in the year of 2013. During the financial year, the revenue of RFL increased about 6 73% from BDT 754 million BDT to 804 million. Production capacity also has increased to 7.730 87 MT from 5.602.52 MT in the previous year which is almost 38% Higher. Gross sales of the Company for the year 2013 were Tk. 804 million against Tk.754 million of last year, showing a growth of 6.73 percent over last year. Net profit before tax has Increased 6.73 percent & 6.33 percent respectively in the year ended on 31st December. 2013. Net profit after tax Taka. 28,442,197. During this year, the export amounted US $ 79 812 which is equivalent to Taka. 62,15,711. Earnings per Share (EPS) of the company for this year is Tk. 2.84 is slightly better than the last year based on outstanding 10 000,000 shares of Tk. 10 each during this year
On 27 June 2013 the 33rd Annual General Meeting of the Company decided that a cash dividend of Tk. 2.10 per share would be paid in respect of 2012 earnings. Accordingly, total dividend amount of Taka. 21,000,000 in respect of 2012 have been provided in the accounts of 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.
More Annual Report of Rangpur Foundry Limited: