AMCL-Pran declares 24pc dividend
Agricultural Marketing Company Limited (AMCL)-Pran has declared a 24 per cent dividend for its shareholders for 2002-03.The declaration was made at the company's 18th annual general meeting held in Dhaka on Wednesday, says a press release. The pre-tax net profit of the company increased from Tk 43.41 million in 2001-02 to Tk 44.39 million in 2002-03 while gross sales went up from Tk 789 million to Tk 840 million, registering an increase of 6.46 per cent, the AGM was told. The gross profit increased to Tk 196.04 million in 2002-03 as against Tk 182.64 million of last fiscal. Lt Col (Retd) Mahtabuddin Ahmed, chairman of the company, presided over the meeting. Among others, Ahsan Khan Chowdhury, deputy managing director of the company, Akhter Imam, director, Md Eleas Mridha, executive director, and Pradip Kar Chowdhury, director (Business Development), attended the meeting.
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