The 41st annual general meeting (AGM) of Gemini Sea Food PLC was held virtually on Wednesday.
In the meeting, with the consent of the honorable shareholders, the report of the board of directors on the activities of the company for the financial year ended June 30, 2023 and the acceptance of the auditor's audited accounts at that time, in addition to the retirement and reappointment of directors, appointment of independent directors, appointment of auditors and corporate governance auditors and their Remuneration matters are approved by the shareholders.
Besides, the board of directors presented the company's summary and financial statement report on the company's operations for the year ended June 30, 2023.
Total sales/exports of the company for the current year was Tk77.65 crore. Current year gross profit was Tk20.32 crore and profit before tax was Tk10.68 crore and net profit after tax Tk9.44 crore.
After discussing/reviewing the report of the board of directors, audited accounts of the company, 20% cash dividend (excluding sponsors and directors) and 75% stock dividend and other matters, retirement and re-election of directors, appointment of independent directors in the presence of the shareholders in the meeting, it was approved with the consent of the shareholders.
Besides, consideration of re-appointment of External Auditor and Corporate Governance Auditor for the financial year 2023-2024 was also approved.
