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RFL declares 22% cash dividend

Rangpur Foundry Ltd

Rangpur Foundry Ltd (RFL) have declared 22% cash dividend to its shareholders for the year 2013 at the 34th Annual General Meeting of the Company held at Trust Milonayaton, 545 Old Airport Road, Dhaka Cantonment, Dhaka on 25th June, 2014.

Lt Col Mahtabuddin Ahmed (Retd), Chairman, Ahsan Khan Chowdhury, Managing Director, Rathendra Nath Paul, Executive Director, Choudhury Atiur Rasul, Chief Financial Officer, M. A. Mannan, Independent Director, Uzma Chowdhury, Director Finance, Chowdhury Kamruzzaman, Director Marketing, Muhammad Aminur Rahman, Company Secretary and shareholders’ of the Company attended the Annual General Meeting.

Shareholders thanked the management for Companies achievements over the years and made valuable suggestions for improvement in running the business. They re-iterated their profound confidence in the management and operations of the Company.

It was reported that in spite of hard competition in the market, the pre-tax profit of the Company was Tk. 39.34 million in 2013 while gross turnover was Tk. 804.84 million, and the total export figure was Tk. 6.22 million.

The AGM ended by seeking continued support of the investors of the Company and with a vote of thanks to the Chair.

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