Gachihata Aquaculture Farms Ltd

 

Contact Details:

Registered Office                 

Factory

Gachihata Aquaculture Farms Ltd
Bharidhara Central Plaza(3rd floor)
87, Sarwardi Avenue, Baridhara
Dhaka-1212
Tel: 02- 8826868
Fax: 02-8826868
Email: rtl@bdonline.com

Vill: Gachihata,

P.S.- Katiadi,

Dist- Kishorgonj

 

 

At a Glance:

Date of Incorporation

Incorporated as Private Limited Company  

on November 21, 1988 and converted into a   Public Limited Company in 1997

IPO Offering Year

Issued public portion of shares in 1998

Date of Listing in CSE

15th February 1998

Nature of Business

Production of fish, fish product, fish spawn

 breeding, fingerlings growing, fishmeal

Accounting Year        

financial year ended 3oth June 2009

Date of Last AGM

The last AGM was held on 31st Dec’09

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

75.50

 

Board of Directors:

Major Mohd. Akhtaruzzaman

Chairman & Managing Director

Mrs. Salma Zaman

Director

Mr. Md. Shahriar Zaman         

Director

Mr. Md. Sabbir Zaman

Director

 

                                                                       

           

 

 

 

 

Operational Status:

According to Directors report to the Shareholders for the year ended 30th June, 2009;there is no change of status of the company from the last year rather it has fall too more down. Company still in a shutdown position with very low activities. They are still trying their best to keep the company alive.

 

Key Financial and Operating Indicators:    

Particulars

2008

2007

Authorized Capital 2,500,000 shares @ tk 100 each

250,000,000

250,000,000

Paid-up-Capital 20,70,000 shares @ tk 100 each

207,000,000

207,000,000

Net Worth

50,174,884

58,601,887

Working Capital

(80,955,516)

(81,263,106)

Debt to Equity (times)

2.98

2.55

NAV per Share

24.24

28.31

Turnover

3,893,200

3,184,988

Gross Profit

447,454

(6,610,507)

Net Profit/ (Loss) after Tax

(7,579,868)

(10,127,661)

Earning per Share

(3.66)

(4.89)

Dividend

Nil

Nil

Net operating Cash Flow per share

(0.40)

0.00

                                                           

Share Holding Composition:

Particulars

No. of Share hold

%

Sponsors

633,000

30.58

Local Financial and Other Institutions

413,600

19.98

General Public

1,023,400

49.44

Total

2,070,000

100%

 

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Source: Annual Report for the year ended 3oth June 2009