Annual Report 2013 of GlaxoSmithKline (GSK) Bangladesh Limited

It is a broadly described annual report of GlaxoSmithKline (GSK) Bangladesh Limited in the year of 2013. During the year 2013 GlaxoSmithKline Bangladesh Limited contributed to the government exchequer a sum of Tk. 1,950 million (2012: Tk. 1,558 million). Net sales of the Company for the year 2013 were Tk. 6,775 million against Tk. 5,554 million of last year, showing a net growth of 22% over last year. Interest income of about Tk. 120 million during the year resulted from healthy cash flows. The effective tax rate has come down to 30% from 40% of last year mainly from improved profit performance. All these factors contributed to achieving Profit for the year of Tk. 546.2 million which is 124% above last year.

The Directors recommend a final dividend of 300.0% i.e. Tk. 30.00 per share of Tk. 10.00 each for the year 2013. 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.

More Annual Report of GlaxoSmithKline (GSK) Bangladesh Limited:

  1. Annual Report 2013 of GlaxoSmithKline (GSK) Bangladesh Limited
  2. Annual Report 2014 of GlaxoSmithKline (GSK) Bangladesh Limited
  3. Annual Report 2015 of GlaxoSmithKline (GSK) Bangladesh Limited
  4. Annual Report 2016 of GlaxoSmithKline (GSK) Bangladesh Limited