ACI Group || 2017-18 Annual Report

About ACI:

Advance Chemical Limited or ACI is one of the top business entity in Bangladesh. It runs business mainly in four different categories. These are Pharmaceuticals, Agribusiness, Consumer products, and retail chain. Apart from that, it manages some joint venture projects as well. Despite continuous investment in new businesses and increasing market challenges, It sees 18% growth in the 2017-18 period. It proves how strong root this organization has within its business territory.

2017-18 Annual Report Synopsis:

Issued and Paid Up Capital

ACI Annual Report 2017-18
Data Source: ACI Annual Report 2017-18

Growth:

  • 10% growth from July 2016 – June 2017 to July 2017 – June 2018 fiscal year.
  • 148% growth from December 2010 to July 2017 – June 2018.

 

 Current Assets

ACI Annual Report 2017-18
Data Source: Advance Chemical Limited Annual Report 2017-18

Growth:

  • 40% growth from July 2016 – June 2017 to July 2017 – June 2018 fiscal year.
  • 308% growth from December 2010 to July 2017 – June 2018.

Fixed Assets

ACI Annual Report 2017-18
Data Source: ACI Annual Report 2017-18

Growth:

  • 18% growth from July 2016 – June 2017 to July 2017 – June 2018 fiscal year.
  • 387% growth from December 2010 to July 2017 – June 2018.

Turnover (Net)

ACI Annual Report 2017-18
Data Source: Advance Chemical Limited Annual Report 2017-18

Growth:

  • 17% growth from July 2016 – June 2017 to July 2017 – June 2018 fiscal year.
  • 170% growth from December 2010 to July 2017 – June 2018.

Gross Turnover

ACI Annual Report 2017-18
Data Source: ACI Annual Report 2017-18

Growth:

  • 13% growth from July 2016 – June 2017 to July 2017 – June 2018 fiscal year.
  • 228% growth from December 2010 to July 2017 – June 2018.

Profit after Tax

ACI Annual Report 2017-18
Data Source: ACI Annual Report 2017-18

Growth:

  • 6% growth from July 2016 – June 2017 to July 2017 – June 2018 fiscal year.
  • 122% growth from December 2010 to July 2017 – June 2018.

Dividend

ACI Annual Report 2017-18
Data Source: ACI Annual Report 2017-18

All Data Source: ACI Annual Report 2017-18

Summary of ACI Annual Report (July 2017 – June 2018):

Overall financial indicators from ACI annual report is showing a positive status of the organization. The high growth of issued and paid-up capital is showing, investors are trusting ACI more than ever. In the fiscal year 2017-2018, we found a massive growth in current assets. It shows, how strong position ACI is in. However, it also indicated the room to invest in further business. As per current asset, we found the growth of fixed assets at a slower rate.

From the perspective of Turnover, it grew in 13% rate while the profit (after tax) increased by 6%.  Compare to the business situation of the country, It secured a stable growth. Whole positive situation pursued this organization to increase the divided value than previous fiscal value.

Overall financial indicators from ACI 2017-18 annual report showed ACI managed steady progress of the business. They have enough liquid money in hand. Their recent years of activity showed they interested to break their cash system to invest more in futuristic business.

Source:

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