It is a broadly described annual report of Salvo Chemical Industry Limited in the year of 2011. The Company’s turnover was Taka. 112,702,773 million in the year 2011, with a growth of 15.86% compared with the year 2010. During the financial year, The Company’s Operating Income Tk. 98,002,412 million. Gross Profit Tk. 23,866,886 million. Non-operating Income Tk. 94,285,697 million. Profit/(Loss) before Tax Tk. 42,066,806 million. Net Profit/(Loss) after Tax for the year Tk. 26,291,754 million. Basic Earnings per Share (EPS) Tk. 0.77.
The Board of Directors has recommended @5% Stock Dividend for the year ended 31st December 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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