Chic Tex Limited
Contact Details:
|
Registered Office
|
Factory
|
Chictex Ltd Dilkusha Center, Room-201 2nd Floor, 28 Dilkusha C/A Dhaka -1000 |
Kutubail,
Fatullah,
Narayangonj
|
At a Glance:
|
Date of
Incorporation
|
Incorporated as Private Limited
Company
on 26th July, 1993 and converted into a Public Limited Company on 8th November 1994
|
|
IPO Offering Year
|
Issued public portion of shares
in 1995
|
|
Date of Listing in
CSE
|
21st November
1995
|
|
Nature of Business
|
Owns a Composite Knit wear manufacturing, dying & finishing
project
|
|
Accounting Year
|
Financial year ended 3oth
June 2003
|
|
Date of Last AGM
|
The last AGM was held on 30th December
2004
|
|
Date of Delisting
by CSE
|
The company has been delisted by
Chittagong Stock Exchange Limited with the effect from 6th October
2009 as per SEC Directive No.
SEC/CMRRCD/2001-16/168 dated October
01, 2009
|
Market Information:
|
Market Lot
|
500
|
|
Face Value
|
Tk 10
|
|
Close Price at the time of
Delisting
|
2.50
|
Board of Directors:
|
Engr. Jamal Uddin
Ahmed
|
Chairman
|
|
Aminur Rasul
|
Managing Director
|
|
Engr.
Md. Mashukur Rasul
|
Director
|
|
Iftekhar Mohammad
|
Director
|
Operational Status:
According to Directors report to
the Shareholders for the year ended 30th
June, 2002-2003-The fall off export value of Garments sector in the
International Market , the price increase of
electricity, gas and various raw materials; increase in price competition with
the emergence of more garments factories had an adverse impact on the company’s
overall Export and profitability. As a result the annual turnover decreased to
a great extent.
Key Financial and
Operating Indicators:
|
Particulars
|
2002-03
|
2001-02
|
|
Authorized Capital 3,00,00,000 shares @ tk 10 each
|
30,00,00,000
|
30,00,00,000
|
|
Paid-up-Capital 12,544,000 shares @ tk
10 each
|
12,54,40,000
|
12,54,40,000
|
|
Net Worth
|
125,429,898
|
126,018,841
|
|
Working Capital
|
86,730,694
|
73,302,301
|
|
Debt to Equity (times)
|
0.36
|
0.32
|
|
NAV per Share
|
10.00
|
10.05
|
|
Turnover
|
39,834,250
|
48,554,128
|
|
Gross Profit
|
7,946,932
|
16,251,418
|
|
Net Profit/ (Loss) after Tax
|
(588,943)
|
3,808,041
|
|
Earning per Share
|
(0.05)
|
0.30
|
|
Dividend
|
Nil
|
Nil
|
|
Net operating Cash Flow per share
|
(0.34)
|
0.03
|
Share Holding
Composition:
|
Holding Range
|
No. of Shareholders
|
Total Share
|
%
|
|
Upto-500
|
3,098
|
12,60,063
|
10.05
|
|
501-5000
|
3,159
|
46,76,767
|
37.28
|
|
5001-10000
|
196
|
14,60,896
|
11.65
|
|
10001-50000
|
115
|
23,48,560
|
18.72
|
|
50001-Above
|
20
|
27,97,714
|
22.30
|
|
Total
|
6,588
|
1,25,44,000
|
100
|
---------------------------------------------------------------------------
Source: Annual Report for the year ended 3oth
June 2003-2004