It is a broadly described annual report of Salvo Chemical Industry Limited in the year of 2015-2016. During the period January 2016 to Jun 2016, total sales reached Taka. 137,830,413 as against last periods was Taka. 94,47,690 and during the period front January 2015 to December 2015 of Taka. 223,311,100 as against last periods was Taka. 262,736,188. During the financial year (18th months), The Company’s Operating Income Tk. 13,7830,413 million. Gross Profit Tk. 54,663,298 million. Non-operating Income Tk. 2,375,180 million. Profit/(Loss) before Tax Tk. 87,302,328 million. Net Profit/(Loss) after Tax for the year Tk. 56,292,078 million. Basic Earnings per Share (EPS) Tk. 1.01.
The Board of Directors has recommended @5% Stock Dividend for the year ended 31st December 2015 and No Dividend for six months period from January 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.
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