It is a broadly described annual report of AFC Agro Biotech Limited Limited in the year of 2016. It is apparent from the performance of this year up to June 2016, Net Turnover stand on Tk. 118.05 Crore, Net Profit after Tax is Tk. 32.38 Crore and Earning per Share is Tk.5.12 which is a satisfactory benchmark for years to come. Cost of Goods Sold for the period from January 2015 to June 2016 is 11. 72.98 Crore against Tk. 59.80crore for last year (January 2014 to June 2015). Gross Profit for the period from January 2015 to June 2016 is Tk. 45.06 Crore against 1%. 31.79 Crore for last year (January. 2014 to June. 2015).
Considering the satisfaction of shareholders, the Board of Directors has recommended @20% Stock Dividend (20 Bonus Shares for existing 100 Shares) 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.
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