Profitability Analysis of Pharmaceutical Industry in BangladeshJournal: Journal of Economics and Business (Vol.3, No. 4)
Publication Date: 2020-12-30
Authors : Abdullah Al Mamun;
Page : 1316-1323
Keywords : Profitability; Net Profit Margin; Returns on Equity and Return on Assets;
This paper tries to analyze profitability performance of pharmaceutical companies listed in Dhaka stock exchange in Bangladesh. To achieve the objectives, data have been collected from secondary sources of listed pharmaceutical companies listed in Dhaka stock exchange for the period from 2000-01 to 2017-18. The collected data have been categorized, tabulated and analyzed by different profitability ratios and statistical tools like mean, standard deviation and coefficient of variation. The financial ratios includes gross profit margin, operating profit margin, and net profit margin, return on equity, return on assets. The results indicates that overall profitability of the industry is satisfactory but ambee, Ibn Sina, beximco and glaxo have enough scope to improve operational efficiency and pricing strategy, assets using to generate and retain profit for the shareholders.
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Last modified: 2020-10-18 16:25:43