Business Desk :
The 10th Annual General Meeting of Maksons Spinning Mills Limited was held at Maksons Group Conference Hall recently. The AGM approves 5percent stock dividend for its shareholders for the financial year 2013-2014, says a press release.
Mohammad Ali Khokon, Managing Director of the company chaired the meeting while Board of Directors and a large number of shareholders were present at the AGM.
In the meeting the audited annual reports along with Director’s Report were unanimously passed and approved by Shareholders. Two Directors were retired by rotation as per Company Act 1994, and two others re-elected with shareholders’ approval.
During the Financial Year 2013-2014, the company had achieved a total turnover Tk189.48 crore, net profit before tax of Tk21.41 crore, net profit after tax of Tk15.79 crore and EPS stood at Tk0.73 total fixed asset of the company at the end of the year stands at Tk240.88 crore, net asset value (NAV) per share stood at Tk19.78 accordingly.
The 10th Annual General Meeting of Maksons Spinning Mills Limited was held at Maksons Group Conference Hall recently. The AGM approves 5percent stock dividend for its shareholders for the financial year 2013-2014, says a press release.
Mohammad Ali Khokon, Managing Director of the company chaired the meeting while Board of Directors and a large number of shareholders were present at the AGM.
In the meeting the audited annual reports along with Director’s Report were unanimously passed and approved by Shareholders. Two Directors were retired by rotation as per Company Act 1994, and two others re-elected with shareholders’ approval.
During the Financial Year 2013-2014, the company had achieved a total turnover Tk189.48 crore, net profit before tax of Tk21.41 crore, net profit after tax of Tk15.79 crore and EPS stood at Tk0.73 total fixed asset of the company at the end of the year stands at Tk240.88 crore, net asset value (NAV) per share stood at Tk19.78 accordingly.
