Registered Office: Ada, Tleat,Srogpur Gazpu Bangladesh, Corporat Ofice: Hous. 26, oad. 3, lock, Baral Dhaka - 1213. ‘Tolophone: +88-02-9871401, 987402, 9872183, Fxc+88-02-9870824, Emal:info@nahee.com bd, We: wer nahee.com bd Nahee Aluminum Composite Panel Ltd. Gahee ee Aluminum Composite Pane We are pleased to present the un-ausited Financial Statements of Nahee Aluminum Composite Panel Ltd. for the 3rd Quarter period ended 31 March, 2019 as per Bangladesh Securties and Exchange Commission (BSEC) Notification No. SECICMRRCD/2008-183/Admin/03-24 Dated: 27 September 2009 and Letter No, SEC/CFD/Misc/233/2004/615 Dated: 02 February 2010, Accordingly these Financial Statements have alroady been sent to Bangladesh Securities & Exchango Commission and Stock Exchanges. Statement of Financial Position (Un-Audited) CCE MRT cei Notes 31-03-2019 30-06-2018 ASSETS Taka Taka Non-Current Assets 460,392,342 456,297,818 Property, Plant & Equipment 460,392,342 360,995,898 Capital Work in Progress - 95,301,920 Current Assets 749,164,790 582,457,086 Inventories 309,699,812 228,541,278 Advances, Deposits & Pre-payments 210,648,705 122,991,786 Accounts Receivable 146,993,850 107,609,269 Cash & Cash Equivalents 81,822,423 123,314,753 Total 4,209,557,132 4,038,754,904 208,557 ISA, 038,755,908 EQUITY & LIABILITY Shareholders’ Equity 909,342,879 780,450,583 Share Capital ‘580,800,000 '528,000,000 Retained Earnings 328,542,879 252,450,583 Non-Current Li 21,044,340 25,855,172 Long Term Loan ~ 5,509,241 Deferred Tax Liabilities 21,044,340 20,345,934 Current Liabilities 279,169,913 232,449,149 Short Term Loan 92,235,246 90,550,174 Current Portion of Long Term Loan 12,418,810 21,054,623 ‘Sundry Creditors 4,979,715 9,518,609 Liabilities for Expenses 3,532,542 2,509,554 Provision for Tax Liabilities 152,964,990 97,448,089 Workers' Profit Participation Fund 11,103,380 9,994,464 Payable to Others 1,935,230 1,373,636 Total 1,209,557, 132 1,038, 754,904 Net Asset Value (NAV) per Share Statement of Profit or Loss and Other Comprehensive Income (Un-Audited) SCT aCe M CRO U CMR eM ML cea Particulars 01-07-2018 to 01-07-2017 to 01-01-2019to 01-01-2018 to 31-03-2019 31-03-2018 31.03.2019 31.03.2018 (@months) (9 months) (3 months) _—_( months) Taka, Tala Tala Taka Turnover 746,064,077 573,623,643 276,576,237 225,458,415 Cost of Goods Sold (482,515,335) (372,244,689) (180,798,978) (148,719,275) Gross Profit(Loss) 263,548,743 201,378,954 95,777,258 76,738,140 Operating Expenses (23,931,408) (34,283,905) (14,035,371) (10,622,894) ‘Administrative Expenses (12,889,005) (24,221,761) (6,396,087) (6,805,273) Selling & Distribution Expenses (11,262,403) (10,062,144) (4,699,284) (4,017,621) Operating Income 239,617,335 167,095,049 84,741,888 65,916,266 Non-operating Income 1,827,913 - - - Finance Expenses (8,274,262) (9,964,023) (2,450,285) (2,699,879) Net Profit(Loss) before WPPF 233,170,986 157,191,026 82,294,603 63,216,367 Contribution to Workers’ Profit Participation Fund (11,103,380) (7,482,430) (8,918,648) (3,010,303) Net Profit(Loss) before Tax 222,067,608 149,648,596 78,372,955 60,206,064 Income Tax Expenses (66,215,310) (38,615,136) (18,736,240) (15,428,275) Provision for Tax (65,516,901) (97,472,664) (19,599,299) (16,051,546) Deferred Tax (698,408) (1,142,472) (143,001) (876,759) Net Profit(Loss) after Tax 165,952,206 114,033,460 58,636,715 44,777,789, Earnings per Share (Adjusted) 2.96 1.91 4.01 om TEC mel ACE Mma Lem OAC Cte)) mua Cut R Ke ROU CR MM Particulars ‘Share Retained Total Capital Earnings, Taka Balance as on 01-07-2017 ‘330,000,000 176,333,661 506,333,661 [Share Capital deposited during the period 150,000,000 : 150,000,000 Bonus Share issued during the period 48,000,000 (48,000,000) - Cash Dividend : (24,000,000)} (24,000,000) |Add: Profit made during the period : 411,033,460 411,033,460 [Balance as on 31-03-2018 528,000,000 215,367,124 743,367,124 Particulars ‘Share Retained Total Capital Earnings Taka Balance as on 01-07-2018 528,000,000 252,450,583 780,450,583 Bonus Share issued during the period 52,800,000 (62,800,000) - Cash Dividend - (36,960,000) (36,960,000) ProfitLoss) made during the period : 165,852,296 165,852,296 Balance as on 31-03-2019 580,800,000 328,542,879 909,342,879 See mer mame elle) Pema Curl R CRON aC Me MMos) Particulars 01-07-2018 to 01-07-2017 to 31-03-2019 31-03-2018 (9 months) (9 months) Taka Taka Cash Flows from Operating Acti Collection from Customers 708,507,410 530,300,411 Payment to Supplier & Employees (559,548,026) (429,107,493) Payment to Others (52,662,108 (39,837,983) Net Cash Generated from Operating Activities 96,297,276 61,354,935 Cash Flows from Investing Activities Acquisition of Property Plant & Equipment (74,582,981 27,800,346) Net Cash used in Investing Activities (74,582,981) (27,800,346) Cash Flows from Financing Activities Share Capital - 150,000,000 IPO Proceed Received/(Refunded) (45,878) 721,426 Dividend Paid (36,352,528) (24,000,000) Long Term Loan (14,145,054) (66,430,384) Short Term Loan (4,388,903) 3,817,108 Financial Expenses (8,274,262 9,964,023) Net Cash Generated from Financing Activities (63,206,625) 64,144,127 Net Increase/(Decrease) in Cash & Cash Equivalents (41,492,330) 97,698,716 Cash & Cash Equivalents at the beginning of the period 123,314,753 41,386,821 Cash & Cash Equivalents at the end of the period 81,822,423 139,085,537 Net Operating Cash Flows per Share (NOCFPS) 30.00 1.66 1.06 for and on behalf of the Board of Directors of Nahee Aluminum Composite Panel Ltd. Sdl- sai sai- sai sdl- Engr. Abu Noman Howlader Mrs. Monira Noman Abu Neaim Howlader Mohammad Jahurul Islam Sheikh Julas Biswas Chairman CEO & Managing Director Director Company Secretary Chief Financial Officer Plase : Dhaka; Dated : 27 April, 2019