It is a broadly described annual report of Rangpur Foundry Limited in the year of 2011. During the financial year, The Company’s Gross Revenue has increased about 11 72% from 614 million BDT to 686 million BDT. Additionally, the operating profit grew 15% with cost reduction and operational efficiency drive. Operating profit Taka. 36,340,484. Net profit after tax Taka. 25,978,904. During the year 2011, the company earned Taka. 3.400,455 (USD $ 47.580) from export.
On 23 June 2011 the 31st Annual General Meeting of the Company decided that a cash dividend of Tk. 2.10 per share would be paid in respect of 2010 earnings. Accordingly, total dividend amount of Taka. 21.000.000 in respect of 2010 have been provided in the accounts of 2011. 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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