Annual Report 2016 of Linde Bangladesh Limited

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 :

  1. Annual Report 2007 of Linde Bangladesh Limited
  2. Annual Report 2008 of Linde Bangladesh Limited
  3. Annual Report 2009 of Linde Bangladesh Limited
  4. Annual Report 2010 of Linde Bangladesh Limited
  5. Annual Report 2011 of Linde Bangladesh Limited
  6. Annual Report 2012 of Linde Bangladesh Limited
  7. Annual Report 2013 of Linde Bangladesh Limited
  8. Annual Report 2014 of Linde Bangladesh Limited
  9. Annual Report 2015 of Linde Bangladesh Limited
  10. Annual Report 2016 of Linde Bangladesh Limited