Message of Our Chairman

Dear Shareholders, Due to Russia Ukraine war, supply chain broken down which rendering our product distribution difficult and expensive. On the other hand, sourcing raw materials became very hard and expensive. Our net sales for the year ended 30th June, 2022, has been decreased to Taka 971,342,889 comparing to 1,113,823,395 Taka in period of 1st July 2021 to 30th June 2022. Total assets have been increased to Taka 2,446,065,661 from Taka 2,129,966,441. EPS is decreased from Taka 1.01 comparing to EPS Taka 1.81 in the previous period. NAV is Taka 14.64 per share comparing to Taka 18.61 in the last 12-month period. Company’s turnover and the gross profit have been decreased by 12.79% and 12.76% respectively. The EPS decreased by BDT Tk. 0.80 and reflecting the ongoing challenges in the business and economic environment and the impact of Russia Ukraine war. Despite of the raw material and energy cost increased significantly, company managed to control other costs effectively and resulted increase in NOCFPS from 0.14 to 0.28. The board of directors pleased to recommend 10% cash dividend for all Shareholders for the period. The Board of Directors of Krishibid Feed Limited has always focused on maximizing shareholders’ value through formulation of policies and guidance to ensure sustainable profitability, prudent risk management and good governance. As the Chairman of your Company, my objectives are to make sure that the Board of Directors actively continues to play their due part in the coming years. On behalf of the Board of Directors, I would take this opportunity to thanks all our Regulators, Bangladesh Securities and Exchange Commission and Stock Exchanges, NBR, and other Regulatory Authorities of the Government of the People’s Republic of Bangladesh for their continued guidance and support. I would also wish to thank each and every employee of the Company along with our Auditor’s for their hard work. I remain personally grateful to the honorable members of the Board for having vested their confidence in my leadership and also for their immense support and guidance. Finally, my gratitude also goes to our Stakeholders for their unwavering trust and support over the years. Allah Hafez. Ma Assalam

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