Annual Report 2014 of Olympic Industries Limited

It is a broadly described annual report of Olympic Industries Limited in the year of 2014. In the fiscal year, 2013-2014, biscuit and confectionery sales were 58,956 MT as compared to 50,913 MT in the fiscal year 2012-2013, representing a 16% year-over-year increase. This unit’s turnover was Tk. 7.39 billion in the fiscal year 2013-2014, representing a 14% increase from Tk. 6.50 billion a year ago. In the fiscal year 2013-2014, dry-cell battery sales were 46.85 million pieces, as compared to 46.54 million in the fiscal year 2012-2013, representing a slightly less than 1% year-over-year increase. This unit’s turnover this year was Tk. 335.11 million as compared to Tk. 327.90 million a year ago, representing a 2.2% year-over-year increase. In the fiscal year 2013-2014, Olympic sold 61.92 million pieces ballpoint pen as compared to 82.49 million a year ago, representing a decline of 24.93%. This unit’s turnover was BDT 197.74 million in the fiscal year 2013-2014 as compared to BDT 263.09 a year ago. Ballpoint pen sales, in the fiscal year 2012-2013, were 2.50% of total sales, representing a decrease of 3.72% a year ago.

The Board of Directors of your company is pleased to recommend 20% Cash Dividend i.e. Tk.2.00 (Taka two) for every Ordinary Share of Tk.10.00 and 35% Stock Dividend i.e. 35 (thirty-five) fully paid Ordinary Shares as Bonus Share for every 100 (one hundred) Ordinary Shares for the year ended June 30, 2014. These financial statements are presented in Bangladesh Taka (Taka/Tk), which is both functional currency and presentation currency of the Company.

More Annual Report of Olympic Industries Limited:

  1. Annual Report 2010 of Olympic Industries Limited
  2. Annual Report 2011 of Olympic Industries Limited
  3. Annual Report 2012 of Olympic Industries Limited
  4. Annual Report 2013 of Olympic Industries Limited
  5. Annual Report 2014 of Olympic Industries Limited
  6. Annual Report 2015 of Olympic Industries Limited
  7. Annual Report 2016 of Olympic Industries Limited
  8. Annual Report 2017 of Olympic Industries Limited