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    BERGERPBL   BD0638BERGR7

BERGER PAINTS BANGLADESH LIMITED

(BERGERPBL)
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Berger Paints Bangladesh : Bangladesh chapter launches hand sanitizer

07/01/2020 | 12:42pm EDT

To enhance the personal hygiene sector of the nation during coronavirus (COVID-19) pandemic, Berger Paints Bangladesh has expanded its business and launched Berger Mr. Expert Advanced hand sanitizer as per WHO recommended formulation.

In the absence of a vaccine or effective antiviral drugs, hand hygiene is a mainstay of efforts to prevent the spread of COVID-19. Handwashing is not always practical. So, alcohol-based hand sanitizers provide a quick, simple alternative. However, not all formulations are effective; thus, the World Health Organization (WHO) recommended two alcohol-based sanitizers formulations to prevent the spread of COVID-19.

Berger Paints Bangladesh is commercially producing its hand sanitizers by following the formulation of WHO, said a press release.

Berger Mr. Expert Advanced hand sanitizers are getting manufactured after the company has received all the necessary statutory approvals and permissions from the Department of Narcotics Control.

Additionally, the company has distributed hand sanitizers among its dealers and painters to boost personal hygiene and safety.

Berger Mr. Expert Advanced hand sanitizer will be liquid-based, with a pack size of 250ml, and will cost BDT 180.

© Pakistan Press International, source Asianet-Pakistan

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Financials
Sales 2020 18 930 M 223 M 223 M
Net income 2020 2 422 M 28,6 M 28,6 M
Net cash 2020 2 821 M 33,3 M 33,3 M
P/E ratio 2020 25,1x
Yield 2020 2,25%
Capitalization 85 521 M 1 007 M 1 009 M
EV / Sales 2019 4,55x
EV / Sales 2020 3,06x
Nbr of Employees 286
Free-Float 100,0%
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Managers and Directors
Rupali H. Chowdhury Managing Director & Director
Sazzad Rahim Chowdhury Co-Chief Financial Officer
Gerald Kenneth Adams Non-Executive Chairman
A. S. M. Obaidullah Mahmud General Manager-Research & Development
Mohammad Abu Nader Al-Mokaddes General Manager-Information Technology
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