M. Hossain Garments Washing
& Dyeing Ltd.
Contact Details:
|
Registered Office
|
Factory
|
M.Hossain Garments Was.& Dy. Ltd House No.-2, (2nd floor) Road N.-27, Block-K, Banani, Dhaka 1213 Tel: 02- 8837663-4 Fax: 02- 8817666,8837663 Email: mgbj@ns1.bangla.net |
18-20 DIT Industrial Area,
Shampur, Dhaka
|
At a Glance:
|
Date of
Incorporation
|
Incorporated as Private Limited
Company
on February 13,
1985 and converted into a
Public Limited Company on February
16, 1995
|
|
IPO Offering Year
|
Issued public portion of shares
in 1995
|
|
Date of Listing in
CSE
|
21st October 1995
|
|
Nature of Business
|
manufacturing and marketing
export
oriented garments.
|
|
Accounting Year
|
financial year ended 3oth June 2001
|
|
Date of Last AGM
|
The last AGM was held on 8th Sep’02
|
|
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
|
50
|
|
Face Value
|
Tk
100
|
|
Close Price at the time of
Delisting
|
28.00
|
Board of Directors:
|
Mr. A.B.M. Kamaluddin Khan
|
Chairman
|
|
Mrs. Yasmin Kamal
|
Managing Director
|
|
Mr. Minhaz-Bin-Kamal
|
Director
|
Operational Status:
According to Annual Report for
the year ended 30th June
2001- In the First half of the last year company’s export was
satisfactory. But in the 2nd half of January-June 2001 company’s export has been reduced to a large extent. 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
Key Financial and
Operating Indicators:
|
Particulars
|
2001
|
2000
|
|
Authorized Capital 25,00,000 shares @ tk
100 each
|
250,000,000
|
250,000,000
|
|
Paid-up-Capital 6,00,000 shares @ tk
100 each
|
60,000,000
|
60,000,000
|
|
Net Worth
|
60,302,324
|
57,920,859
|
|
Working Capital
|
(18,383,082)
|
(4,280,710)
|
|
Debt to Equity (times)
|
2.41
|
1.45
|
|
NAV per Share
|
100.50
|
96.53
|
|
Turnover
|
21,226,337
|
26,301,582
|
|
Gross Profit
|
9,264,730
|
7,361,161
|
|
Net Profit/ (Loss) after Tax
|
5,549,669
|
2,926,871
|
|
Earning per Share
|
9.25
|
4.88
|
|
Cash Dividend
|
5%
|
Nil
|
|
Net operating Cash Flow per share
|
(7.39)
|
4.88
|
Share Holding
Composition:
|
Particulars
|
No. of Share hold
|
%
|
|
Sponsors/ Directors
|
2,00,000
|
33.33
|
|
General Public
|
4,00,000
|
66.67
|
|
Total
|
6,00,000
|
100%
|
---------------------------------------------------------------------
Source: Annual Report for the year ended 3oth
June 2001