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Square Pharmaceuticals holds AGM, declares dividend

FE Online Desk | Published: December 06, 2017 16:16:29


Square Pharmaceuticals Limited has organised its 51st Annual General Meeting (AGM) at Dhaka Club in Ramna area of the capital.

The pharmaceutical company declared 35 per cent cash dividend and 7.5 per cent stock dividend to its shareholders for the year ended 30 June, 2017.

The company also declared consolidated turnover, gross profit and net profit (after tax) of Tk 42,285 million, Tk 18,268 million and Tk 10,978 million respectively for the last June.

Turnover and Net Profit rises to 10.33 per cent and 15.69 per cent respectively during the year under review, says a press release.

The company contributed an amount of Tk 7,392 million to the National Exchequer, the release said.

Samuel S Chowdhury, Chairman of the Company was presided over the meeting.

Ratna Patra, Vice Chairman; Tapan Chowdhury, Managing Director; Anjan Chowdhury, Director;  Kazi Iqbal Harun, Director; M Sekander Ali, Independent Director; Md Kabir Reza, Chief Financial Officer and Mr Khandaker Habibuzzaman, Company Secretary were present in the programme.

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