Aman Feed to enhance production capacity

FE Report

The board of directors of Aman Feed has decided to procure and install machineries for enhancement of production capacity of approximately 43,200 MT per year in addition to existing production capacity, said an official disclosure on Sunday.

"Due to enhancement of the aforesaid production capacity, it is expected that the sales will increase approximately Tk 1.83 billion per year and net profit after tax will increase approximately Tk 145 million per year," said a statement posted on the Dhaka Stock Exchange (DSE).

The company also informed on Thursday that the board has taken, among others, the decision to purchase 96.25 decimals of land adjacent to factory in Sirajgonj, at a cost of Tk43.36 million including the registration costs.

The fisheries and livestock feed producer, which was listed on the Dhaka bourse in September 2015, belongs to the 'A' category.

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