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Miracle Industries Limited (Bangladesh)

Main Activities: Textile Product Mills | Plastics Product Manufacturing
Full name: Miracle Industries Limited Profile Updated: August 22, 2024
Buy our report for this company USD 29.95 Most recent financial data: 2023 Available in: English Download a sample report

The Company is a manufacturer of different types of Multi-layer Sack; Kraft Paper; Laminated, Sandwiched and PP Woven bag; liner; Jute Laminated Sacks; FIBC Bags for bagging Cement, Fertilizer, Salt, Feeds, Sugar, Food Grains, Chemicals and others; and also Tarpaulin. It commenced commercial operation of its Unit-1 on 01-01-1997, and established a plant named Unit-2 in the year 2001.
Vision:
Be a reliable partner to clients operating in the global market of packaging industry by producing best quality products through developing human resources, capable of exploiting state of the art technologies
Protect the interest of our shareholders through sustainable growth and value creation.
Mission:
Innovate creative industrial packaging solutions with continuous research development leading to unique quality products and services which have a global preference.
History:
1993:The Company was incorporated on December 30, 1993 in Bangladesh as a Public Limited Company under the Companies Act, 1913 as a Joint Venture with BCIC,
2000: The Company s shares were listed on Chittagong Stock Exchanges and started trading its shares from April 12, 2000 and listed on Dhaka Exchange Stock in 2000.

Headquarters
113/13, (3Rd Floor), Tejgaon Industrial Area
Dhaka; Dhaka; Postal Code: 1208

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Website: http://www.miracle.com.bd

Basic Information
Total Employees:
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Outstanding Shares:
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Registered Capital:
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Financial Auditors:
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Incorporation Date:
1993
Key Executives
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Chairman
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Chief Financial Officer
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Managing Director
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Director/Member of the Board
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Director/Member of the Board
Ownership Details
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70%
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20%
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10%
Company Performance
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Key Financial Highlights
Annual growth percentages for latest two years in local currency BDT. Absolute financial data is included in the purchased report.
Net sales revenue
101.13%
Total operating revenue
101.13%
Operating profit (EBIT)
92.94%
Net Profit (Loss) for the Period
79.92%
Total assets
-27.64%
Total equity
-54.31%
Operating Profit Margin (ROS)
188.65%
Net Profit Margin
262.19%
Return on Equity (ROE)
5.17%
Debt to Equity Ratio
94.69%
Quick Ratio
-0.59%
Cash Ratio
0%

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