Marico Bangladesh earns Tk 680m net profit

Marico Bangladesh Ltd has reported profit of Tk 680 million (68 crore) before tax during the fiscal 2008-09. The profit is 35 per cent more than that of the last year.

The company sold products of Tk 4.05 billion (405 crore) during the fiscal 2008-09 that is 53 per cent more compared to that of the last fiscal. The profit of the company amounted Tk 470 million (47 crore) after tax.

The board of directors of the company recommended 25 per cent cash dividend, declared December 13, 2009 the record date and decided to hold the next annual general meeting (AGM) on January 19, said a press release of Marico Bangladesh L