Business Desk :
The 23rd Annual General Meeting of Meghna Cement was held at its factory premises at Mongla Port Industrial Area of Bagerhat on Saturday.
Mahaboob Morshed Hasan, Sponsor Director of Meghna Cement, presided over the AGM and declared 15 percent cash dividend for its shareholders for the year 2014.
The Directors’ Report as well as the audited accounts of the company for the year ended 31st December 2014 were received and adopted in the AGM.
According to the Directors’ Report, the enlisted company with the capital market, Meghna Cement could secure a net profit of Tk10.07 crore (after tax). Besides, the company’s Earning Per Share (EPS) is Tk 4.48. The company paid Tk 88.73 crore to government exchequer as tax, duty and VAT in 2014 that was Tk117.93 crore in 2013.
Meghna Cement’s sponsor director Mahaboob Morshed Hasan chaired and also addressed the function as chief guest while independent director Khawaja Ahmedur Rahman and Moynal Hossain Chowdhury, advisor (Treasurer) of Bashundhara Group (BG), AR Rashidi, senior advisor of BG, Engineer AKM Mahbub-Uz-Zaman, deputy managing director of Bashundhara Group (Cement Sector), Mohammad Tawhidul Islam, deputy managing director East West Property Development (EWPD), Major General (Retd.) Mahbub Haider Khan, advisor of BG, Mohammad Abu Tayeb, adviser (press and media) of BG and company secretary Naseemul Hye FCS were also present.
In his welcome speech, Mahaboob Morshed Hasan said “We have been running the company for two decades and we have established it as an established company among the other cement factories in the country.”
Describing company’s journey, he said, “The year of 2014 was eventful due of political turmoil which disrupted the country’s economic growth. Despite the political unrest as well as multifarious drawbacks in cement business the company has declared 15 percent cash dividends for its shareholders.”
He also said, “Our company would bag more profit and prosperity in future if the shareholders as well as its officials concerned continue their sincere all-out support.”
The 23rd Annual General Meeting of Meghna Cement was held at its factory premises at Mongla Port Industrial Area of Bagerhat on Saturday.
Mahaboob Morshed Hasan, Sponsor Director of Meghna Cement, presided over the AGM and declared 15 percent cash dividend for its shareholders for the year 2014.
The Directors’ Report as well as the audited accounts of the company for the year ended 31st December 2014 were received and adopted in the AGM.
According to the Directors’ Report, the enlisted company with the capital market, Meghna Cement could secure a net profit of Tk10.07 crore (after tax). Besides, the company’s Earning Per Share (EPS) is Tk 4.48. The company paid Tk 88.73 crore to government exchequer as tax, duty and VAT in 2014 that was Tk117.93 crore in 2013.
Meghna Cement’s sponsor director Mahaboob Morshed Hasan chaired and also addressed the function as chief guest while independent director Khawaja Ahmedur Rahman and Moynal Hossain Chowdhury, advisor (Treasurer) of Bashundhara Group (BG), AR Rashidi, senior advisor of BG, Engineer AKM Mahbub-Uz-Zaman, deputy managing director of Bashundhara Group (Cement Sector), Mohammad Tawhidul Islam, deputy managing director East West Property Development (EWPD), Major General (Retd.) Mahbub Haider Khan, advisor of BG, Mohammad Abu Tayeb, adviser (press and media) of BG and company secretary Naseemul Hye FCS were also present.
In his welcome speech, Mahaboob Morshed Hasan said “We have been running the company for two decades and we have established it as an established company among the other cement factories in the country.”
Describing company’s journey, he said, “The year of 2014 was eventful due of political turmoil which disrupted the country’s economic growth. Despite the political unrest as well as multifarious drawbacks in cement business the company has declared 15 percent cash dividends for its shareholders.”
He also said, “Our company would bag more profit and prosperity in future if the shareholders as well as its officials concerned continue their sincere all-out support.”
