Annual Report 2015-16 of Active Fine Chemicals Limited

It is a broadly described annual report of Active Fine Chemicals Limited in the year of 2015-2016. In 2015 the Company increased its Net Profit after Tax to BDT 45.5 Crores, up by 26.9% from the previous year (2014). Gross Turnover increased by 21.3% from BDT 77.5 Crores in Jan-June 2015 to BDT 94 Crores in Jan-June 2016. Net Turnover for the period from January 2015 to June 2016 is Taka 266.94 Crore, a growth of 22.96% over last year’s turnover (January 2014 to June 2015) of Taka 217.09 Crore. Profit after tax during the period Taka 67.81 Crore, a growth of 21.83% over last year (January 2014 to June 2015) profit after tax was Taka 55.66 Crore. The Statement of Comprehensive Income shows that the Cost of Goods Sold for the period from January 2015 to June 2016 is Tk. 150.99 Crore against Tk. 123.83 Crore for the last year (January 2014 to June 2015). As a result, Earnings per Share (EPS) has increased to BDT 5.51 in the financial period January 2015 to June 2016 which is 88.7% higher than the of previous year ending in December 2014.

During the year company earned Net Profit after Tax is Tk. 67.81 Crore. The earnings per share (EPS) are Tk. 5.51. Considering the satisfaction of shareholders, the Board of Directors has recommended 30% Stock Dividend & 5% Cash Dividend for the period from January 2015 to June 2016. 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 Active Fine Chemicals Limited

  1. Annual Report 2014 of Active Fine Chemicals Limited
  2. Annual Report 2015-16 of Active Fine Chemicals Limited