It is a broadly described annual report of The ACME Laboratories Limited in the year of 2014. During the year, your Company paid Taka. 1381.63 million to the National Exchequer in the form of corporate Income Tax, and Value Added Tax (VAT) and Import duties. During the year ending 30 June 2014, the company has earned the net profit of BDT. 1,204,844,233 which after provision of income tax is stood at BDT. 893,890,898. During the period, ACME achieved moderate growth and its total revenue stood at BDT. 10,217.93 million. Domestic sales continue to remain as the key driver with 96.86% of the total revenue. During the year, the exports amounting BDT. 363.27 million as against BDT. 337.53 million in the previous year, with 7.63% growth. The ACME Laboratories Limited intent to issue 50,000,000 ordinary shares with a face value @ Tk.10 each under book building method.
The Board of Directors has proposed 35% cash dividend to the existing shareholders which comes to BDT. 565,605,950. 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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