Business Desk :
The 46th Annual General Meeting of Advanced Chemical Industries Limited was held at Officers Club in the city on Monday. M Anis Ud Dowla, Chairman of the Company, presided over the meeting.
The Financial Statements together with Auditors’ and Directors’ reports of the Company for the year ended 30 June 2019 were approved by the shareowners in the meeting. They have also approved 100 percent cash and 15 percent stock as dividend for the financial year.
Dr. Arif Dowla, Managing Director of the Company, informed the shareowners that FY 2018-2019 was a very challenging year for ACI Group. Despite various external factors including adverse macroeconomic environment, the effect of devaluation of local currency against dollar and the increase of interest rate, the Company, in the group level, achieved Tk 63,143.70 million sales during the year registering a 13 percent growth over last year.
The 46th Annual General Meeting of Advanced Chemical Industries Limited was held at Officers Club in the city on Monday. M Anis Ud Dowla, Chairman of the Company, presided over the meeting.
The Financial Statements together with Auditors’ and Directors’ reports of the Company for the year ended 30 June 2019 were approved by the shareowners in the meeting. They have also approved 100 percent cash and 15 percent stock as dividend for the financial year.
Dr. Arif Dowla, Managing Director of the Company, informed the shareowners that FY 2018-2019 was a very challenging year for ACI Group. Despite various external factors including adverse macroeconomic environment, the effect of devaluation of local currency against dollar and the increase of interest rate, the Company, in the group level, achieved Tk 63,143.70 million sales during the year registering a 13 percent growth over last year.
