Dhaka, Bangladesh (BBN)- Square Pharmaceuticals Limited has declared cash dividend at the rate of 40 percent and stock dividend (Bonus Share) at the rate of 25 percent for the shareholders for the year ended March 31, 2009.
The approval came at the company’s 43rd Annual General Meeting held at its Factory Premises at Kaliakoir on Monday, the company said.
The company’s gross profit, net profit (Before Tax) and net profit (After Tax) for the year 2008-2009 were BDT 4.148 billion, BDT 2.511 billion and BDT 1.890 billion respectively.
Net Sales and Net Profit rises to 18.93 per cent and 36.78 per cent respectively during the year 2008-09.
During the year under review, the exports amounted to BDT 336.34 million as against BDT 212.50 million, a whopping 58.28 per cent increase. The company contributed an amount of BDT 2,319.62 million to the National Exchequer.
BBN/SS/SI/AD-08September09-1:17 pm (BST)