Here focus broadly described the annual report of Renata Limited in the year of 2009. During the year under review, this Company paid Taka. 862.10 million to the National Exchequer in the form of Corporate Income Tax, Import Duties and Value Added Tax (VAT). Turnover during 2009 was Taka 3,900.7 million registering a growth of 26.2% over last year’s turnover of Taka 3,089.7 million. Profit after tax was Taka 603.5 million – a growth of 39.3%. Earnings per Share (EPS) stood at Taka 417.38 against Taka 299.55 of 2008.
The Board of Directors is pleased to recommend a cash dividend of Taka 60/- per ordinary share of Taka 100 each. This dividend will entail a payment of Taka 86,759,040/-. The Board of Directors also recommends for the declaration of Stock Dividend (Bonus Shares) in the ratio of one Bonus Share for every four shares held for which an amount of Taka 36,149,600/- will have to be transferred to Share Capital Account.
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