Dhaka, Bangladesh (BBN) - The 32nd annual general meeting (AGM) of Rangpur Foundry Ltd. (RFL) has approved 21 per cent dividend for the year 2011.
The AGM was held in the city on Thursday. A large number of shareholders attended the AGM, a company statement said.
Among others, Chairman of the company Lieutenant Colonel (retd) Mahtabuddin Ahmed, Managing Director Ahsan Khan Chowdhury, Director (Finance) & Company Secretary Uzma Chowdhury, directors Rathendra Nath Paul, Choudhury Atiur Rasul and Chowdhury Kamruzzaman and Independent Director Md Babul Islam were present at the meeting.
It was told in the AGM that the pre-tax profit of the company was BDT 34.52 million in 2011 while gross turnover was BDT 694.66 million and the total export figure was BDT 3.40 million (including incentive).
Addressing the AGM, the high-ups of the company sought continued support from the investors for the further development of the company.
BBN/SSR/AD-30June12-10:17 am (BST)
