It is a broadly described annual report of Salvo Chemical Industry Limited in the year of 2010. In 2010, The Company’s Net current assets Taka. 13,007,327 million. During the financial year, The Company’s Operating Income Tk. 84,587,474 million. Gross Profit Tk. 49,989,922 million. Non-operating Income Tk. 741,098 million. Profit/(Loss) before Tax Tk. 27,797,054 million. Net Profit/(Loss) after Tax for the year Tk. 20,152,864 million. Basic Earnings Per Share (EPS) Tk. 1.43.
The Board of Directors has recommended @5% Stock Dividend for the year ended 31st December 2010. 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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