Performance Dynamics of Aci Formulation Ltd Bangladesh

2156 Words May 15th, 2011 9 Pages
Introduction:
ACI formulation Limited (ACI FL) is a subsidiary of ACI limited, located at Gazipur in the out skirt of Dhaka. ACI FL manufactures majority of the products of ACI Strategic Business Limited except for the Pharmaceutical Division. The factory is equipped with the state of the art facilities for product formulations and process innovation. These include modern computerized equipment like HPLC and GLC.
The product range manufactured at ACI FL include Crop Protection Chemicals like Insecticides, herbicides and fungicides in granular, powder and liquid, mosquito pesticides in the forms of aerosols, vaporizers and coils house hold chemicals like toilet cleaners and hand wash.
History:
ACI Limited was established as the subsidiary
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2010 2009 (up to September) | Non current asset | Property, plant & equipment 569080000 553568716 | Less: Accumulated deprecation & Impairment loss 196303000 172440389 | 372777000 381128327 | Capital work in progress 138054000 13234330 | Investment 3270000 1557000 | Total non current asset 514101000 515028657 | Current asset: | Inventories 677582000 602249737 | Trade debtors 413886000 758121806 | Other receivables