It is a broadly described annual report of AFC Agro Biotech Limited Limited in the year of 2014. It is apparent from the performance of this year. In the year 2014, Net Turnover stand on 59.96.crore, Net Profit after Tax is Tk.14.84 Crore and Earning per Share is 11.2.83 which is a satisfactory benchmark for years to come. Cost of Goods Sold for the year ended 31st December, 2014 is Tk. 40.27 Crore against Tk. 24.73 Crore for the last year. Gross Profit for the year ended 31st December, 2014 is Tk. 19.68 Crore against Tk. 11.24 Crore for the last year.
Considering the satisfaction of shareholders, the Board of Directors has recommended @15% Stock Dividend (15 Bonus Shares for existing 100 Shares) for the year ended 31st December 2014. 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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