AMCL (Pran) sees steady growth

Mohammad Mufazzal | Published: January 19, 2019 21:47:21

Agricultural Marketing Company Ltd. (Pran) posted a steady growth in revenue earnings in last five fiscal years (FYs).
To keep the revenue growth stable, the company always laid importance on a 'strong' distribution network and 'effective' marketing promotions.
The company's revenue was above Tk 1.72 billion for the FY 2013-14. Later, the revenue gradually rose.
The revenue was above Tk 1.88 billion in 2014-15, above Tk 2.09 billion in 2015-16, above Tk 2.38 billion in 2016-17 and above Tk 2.53 billion in 2017-18.
AMCL (Pran) produces consumable products using agro-commodity and various beverages. The company's products include different types and brands of juice and drinks, mineral water, soft drinks, ice pop and mango bars.
According to directors' report, the company ensured optimisation of equipment usage to maximise actutal production to keep consumers' faith 'intact'.
The company's revenue rose 6.65 per cent in 2017-18 compared to previous FY amid increased costs for administration, marketing and distribution.
"Our goal is to provide safe and standard food and products at a reasonable cost. Therefore various components like production, sales, marketing and distribution worked together to achieve success," reads the directors' report included in the annual report for 2017-18.
The company's export revenue was above Tk 235.32 million in 2013-14, above Tk 348.29 million in 2014-15, above Tk 824.98 million in 2015-16, above Tk 1.22 billion in 2016-17 and above Tk 1.27 billion in 2016-17.
The company's net profit stood at above Tk 55.54 million for the year ended on June 30, 2018.
The net profit was above Tk 54.93 million for the year ended on June 30, 2017.
As a result, the net profit rose 1.11 per cent in 2017-18 compared to 2016-17.
The company's shareholders' equity gradually rose during 2013-14 to 2017-18.
The shareholders' equity was above Tk 487.06 million in 2013-14, above Tk 517.05 million in 2014-15, above Tk 544.44 million in 2015-16, above Tk 573.78 million in 2016-17 and above Tk 603.10 million 2017-18.
The shareholders' equity, the most common financial metrics used to assess the financial health of a company, is equal to a firm's total assets minus its total liabilities.
The dividend disbursed by the AMCL (Pran) remained static during last five FYs. The company's board of directors declared recommended 32 per cent cash dividend for the year ended on June 30, 2018.
The company disbursed same amount of dividend in previous four FYs.
The company reported EPS of Tk. 6.94, NAV per share of Tk. 75.39 and NOCFPS of Tk. 27.86 for the year ended on June 30, 2018 as against Tk. 6.87, Tk. 71.72 and Tk. 28.25 respectively for the same period of the previous year.
mufazzal.fe@gmail.com