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Emerald Oil Industries Limited (Bangladesh)

Main Activities: Starch and Vegetable Fats and Oils Manufacturing
Full name: Emerald Oil Industries Limited Profile Updated: November 24, 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 engaged in the manufacturing and selling of rice bran edible oil from the inner husk of rice plant since 2011.
The Company s mission:
It serves the need of consumers and business in growth segments profitably by providing:
1-Manufacturing quality products and services provided at reasonable prices to our customers.
2-A satisfactory work environment for our staff.
3- Fair, respectful, and consistent working relationships with our suppliers and dealers.
History:
2008:The Company was incorporated on July 17, 2008 as a private limited company named as (Emerald Oil Poultry Industries Limited) having its registered office in Dhaka.
2011: The Company started commercial operation on 2 July, 2011.
The Company changed its name to Emerald Oil Industries Limited on December 1, 2011.
The Company was converted into a Public Limited Company on December 21, 2011, .
2014:The Company was listed on March 13, 2014 on Chittagong Stock Exchange and Dhaka Stock Exchange on March 11, 2014.
Major competitors of the Company are Rashed Oil Mills Ltd which markets its rice bran oil under (White Gold) brand name and KBC Agro Products Private Ltd, a Joint Venture between Bangladeshi and Indian entrepreneurs.
The rice bran edible oil is sold in bulk as well as under its own brand name, (Spondon Oil). In the processing of rice bran, de-oiled bran, fatty acid, wax, gum and spent earth are produced as by products which are also sold.
The main raw material is the rice bran which the Company collects from five districts Sherpur, Mymensingh, Tangail, Natrokona and Jamalpur.

Legal Address
Halimunnesa S Court (Floor-8), 23 Kakrail
Dhaka; Dhaka; Postal Code: 1000

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Website: http://www.spondonoil.com

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:
2008
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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54.28%
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38.26%
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7.45%
Company Performance
Financial values in the chart are available after Emerald Oil Industries Limited report is purchased.
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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
68.64%
Total operating revenue
68.64%
Operating profit (EBIT)
281.49%
Net Profit (Loss) for the Period
316.79%
Total assets
15.52%
Total equity
16.14%
Operating Profit Margin (ROS)
10.02%
Net Profit Margin
10.48%
Return on Equity (ROE)
-15.34%
Debt to Equity Ratio
-25.92%
Quick Ratio
0.58%
Cash Ratio
-0%

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