Wata Chemical Limited

 

Contact Details:

Registered Office

Factory

Wata Chemicals Ltd.
2/3 , Block -A
Lalmatia (1st floor) , Mirpur Road, Dhaka 1207
Tel: 02-  8153301-2,9144506,8113400
Fax: 02-  8153301,8155091
Email: wata@bol-online.com

Murapara, Rupgonj

Narayangonj

Dhaka

 

 

At a Glance:

Date of Incorporation

incorporated in Bangladesh on the August  19, 1981 in the name of Wata Chemical Limited under companies Act, 1913(repealed in 1994)

IPO Offering Year    

Issued public portion of shares in 1997

Date of Listing in CSE

4th August, 1997

Nature of Business

The company produces Alum & Zinc Sulphate, Sulphuric Acid, Basic Chrome Powder (BCP) Linear Alkyl Benzene Sulphonic Acid (LABSA) for 100% local consumption

Accounting Year

Financial year ended 31st  Dec 2001

Date of Last AGM

The last AGM was held on 20th   June’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

20

Face Value

Tk 100

Close Price at the time of Delisting

134

 

Board of Directors:

Md. Fazlul Hoque

Chairman & Managing Director

Mrs. Khodeza Hoque  

Deputy Managing Director

Md. Lutfar Rahman

Director

Md. Badrul Alam Chowdhury

Director

Md. Tafazzel Hoque

Director

Md. Khalilur Rahman Chowdhury

Director

Mrs. Dina Ahsan

Director

Operational Status:

 

According to Directors report to the Shareholders for the year ended 31st Dec, 2001-continuous price increase of raw materials in the international market, short age of electricity and shortage of working capital i.e. severe liquidity caused major  production losses to the company.

 

Key Financial and Operating Indicators:    

Particulars

2001

2000

Authorized Capital 15,00,000 shares @ tk 100 each

15,00,00,000

15,00,00,000

Paid-up-Capital 405,000 shares @ tk 100 each

4,05,00,000

4,05,00,000

Net Worth

7,76,07,806

7,66,06,110

Working Capital

13,06,237

(1.15,187)

Debt to Equity (times)

0.23

0.08

NAV per Share

191.62

189.15

Turnover

8,51,01,568

8,15,76,268

Gross Profit

2,57,05,825

2,48,74,074

Net Profit/ (Loss) after Tax

61,85,919

66,34,037

Earning per Share

15.27

16.38

Dividend

Nil

Nil

Net operating Cash Flow per share

31.68

42.57

                                                           

Share Holding Composition:

Particulars

No. of Share hold

%

Sponsors

2,02,500

50.00

General Public

2,02,500

50.00

Total

4,05,000

100%

 

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Source: Annual Report for the year ended 31st Dec 2001