Marico Bangladesh Limited

MARICO

BD0481MRICO6

Personal Products

End-of-day quote Dhaka S.E. Other stock markets 06:00:00 2024-04-24 pm EDT			5-day change	1st Jan Change
2,413 ^BDT	-0.75%		-0.70%	-1.93%

Jan. 30	Marico Bangladesh Limited Reports Earnings Results for the Third Quarter and Nine Months Ended December 31, 2023	CI
2023	Marico Bangladesh Limited Reports Earnings Results for the Second Quarter and Six Months Ended September 30, 2023	CI

Marico Bangladesh Limited Announces Appointment of Shafiq Musharrof as Chief Financial Officer

June 14, 2023 at 11:03 am EDT

Marico Bangladesh Limited informed that the Board of Directors has approved the appointment of Mr. Shafiq Musharrof, FCA as Chief Financial Officer of the company with effect from June 13, 2023.

Latest news about Marico Bangladesh Limited

Marico Bangladesh Limited Reports Earnings Results for the Third Quarter and Nine Months Ended December 31, 2023	Jan. 30	CI
Marico Bangladesh Limited Reports Earnings Results for the Second Quarter and Six Months Ended September 30, 2023	Nov. 08	CI
Marico Bangladesh Limited Appoints Sumitava Basu as Managing Director	Nov. 07	CI
Marico Bangladesh Limited Reports Earnings Results for the First Quarter Ended June 30, 2023	23-08-04	CI
Marico Bangladesh Limited Starts its Third Manufacturing Unit at Mirsarai Special Economic Zone	23-07-31	CI
Marico Bangladesh Limited Announces Appointment of Shafiq Musharrof as Chief Financial Officer	23-06-14	CI
Marico Bangladesh Limited Reports Earnings Results for the Full Year Ended March 31, 2023	23-05-17	CI
Marico Bangladesh Limited Reports Earnings Results for the Full Year Ended March 31, 2023	23-05-17	CI
Marico Bangladesh Limited Reports Earnings Results for the Third Quarter and Nine Months Ended December 31, 2022	23-02-08	CI
Marico Bangladesh Limited Reports Earnings Results for the Second Quarter and Six Months Ended September 30, 2022	22-11-15	CI
Marico Bangladesh Limited Reports Earnings Results for the First Quarter Ended June 30, 2022	22-08-24	CI
Marico Bangladesh Limited Reports Earnings Results for the Full Year Ended March 31, 2022	22-07-05	CI
Marico Bangladesh Board Recommends First Interim Cash Dividend for Financial Year 2022-2023	22-06-05	CI
Marico Bangladesh Limited Recommends Final Dividend for the Year Ended March 31, 2022	22-04-28	CI
Marico Bangladesh Limited Declares Interim Cash Dividend	22-01-25	CI
Marico Bangladesh Limited Reports Earnings Results for the Third Quarter and Nine Months Ended December 31, 2021	22-01-23	CI
Marico Bangladesh Limited Declares Interim Dividend for the Six Months Financials Ended on September 30, 2021	21-10-24	CI
Marico Bangladesh Limited Declares Interim Cash Dividend for the Year Ending on March 31, 2022	21-07-27	CI
Marico Bangladesh Limited Reports Earnings Results for the Full Year Ended March 31, 2021	21-07-06	CI
Marico Bangladesh Limited Recommends Final Dividend	21-04-28	CI
Marico Bangladesh Limited Reports Earnings Results for the Third Quarter Ended December 31, 2020	21-02-08	CI
Marico Bangladesh Limited Declares Interim Cash Dividend for the Year Ending on March 31, 2021	21-01-26	CI
Marico Bangladesh Limited Reports Earnings Results for the Second Quarter Ended September 30, 2020	20-11-19	CI
Marico Declares Interim Cash Dividend for the Six Months Ended September 30, 2020	20-10-28	CI
Marico Bangladesh Ltd Declares First Interim Dividend for the Three Months Ended June 30, 2020	20-07-23	CI

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Marico Bangladesh Limited is a Bangladesh-based manufacturer and marketer of fast-moving consumer goods (FMCG). Its product portfolio includes haircare, skincare, baby care, male grooming, hygiene and food categories. The Company is engaged in manufacturing and marketing of consumer products under the brand name of Parachute, Nihar, Saffola, Hair Code, Livon, Parachute Advanced, Beliphool, Ayurvedic Gold, Extra Care, Parachute Body Lotion, Set-Wet, Just for Baby, Beardo, Medicare safelife and Bio Oil in Bangladesh. Its manufacturing plants are located at Mouchak, Kaliakoir, Gazipur and Shirirchala, Mahona, Bhabanipur, Gazipur. The Company sells its products through its own distribution channels comprising of sales depots located in Gazipur, Chittagong, Bogra and Jessore. The Companyâs value-added hair oil (VAHO) segment consists of several brands, such as Parachute Beliphool Lite, Parachute Advansed, and Parachute Cooling Hair Oil.

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Personal Products

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Sell

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Mean consensus

BUY

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Last Close Price

2,413 BDT

Average target price

3,041 BDT

Spread / Average Target

+26.01%

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Sector Other Personal Products

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