It is a broadly described annual report of Golden Harvest Agro Industries Limited in the year of 2013. In this financial year, consolidated sales of GHAIL was Tk. 625.68 million which is 12% higher than 2011-12 (Tk. 558.67 million) and the company itself was 15.23% higher than the previous year. Gross profit earned during the year was Tk. 280.72 million as against last year’s gross profit of Tk. 254.94 million. Net profit (after tax) earned during the year was Tk. 148.20 million as compared to last year’s Net Profit (after tax) of Tk. 78.33 million. During the year the company earned interest income of Tk. 60.81 million mainly from its unutilized IPO proceeds.
The Board of Directors has recommended Cash Dividend of @ 10% i.e. Tk. 1.00 (one) per share of Tk. 10 each and Stock Dividend of @ 5% i.e. one bonus share for 20 shares for the year 2012-13. 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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