Aman Group of

Companies ltd

Investment
plan in
Aman Industrial
Park
At Ashulia,
Zirabo, Savar
Dhaka,
Bangladesh

Why Bangladesh
Advantages & Incentives
RMG Sector of Bangladesh
Competitiveness of the
Bangladesh RMG Sector
Aftermath Initiatives Rana plaza
building collapse
Improving RMG Sector & Passing
T-Shirt Phase
Why You Choose Aman Group
Why you Invest in Aman
Industrial Park
Short Synopsis of Aman
Spinning
Investment proposal

Why
Bangladesh

China and India between them have vast and increasingly

prosperous populations, which are projected to grow to three billion
by 2050. Bangladesh is well situated in every sense to take
advantage of this opportunity. With improving education,
technology and economic growth, Bangladeshs own market of
146.6 m people is becoming increasingly attractive to business and
foreign investors. The cost of doing business in Bangladesh has
significantly and visibly decreased in recent times.

Duty and quota free access to EU, Japan, Canada,

Australia and most other developed countries.
Advantageous Trading Agreements
Bangladesh is a signatory to the Multilateral
Investment Guarantee Agency (MIGA); Overseas
Private Investment Corporation (OPIC), USA;
International Center for Settlement of Investment
Disputes (ICSID); World Intellectual Property
Organization (WIPO).
Bilateral agreements to avoid double taxation.
59.3 % of the population are economically active
Youth & Ambition
(15 years and over).
The country is young too, 40 years old.
Source: Board of Investment
Bangladesh

Bangladesh has 31 public universities, 54

private universities, 60 teacher training colleges
and 1,143 technical and vocational institutions.
Thousands of Bangladeshis who have wide work
experience abroad add to the national reservoir
of skill.

Yet our second language, English, is widely

spoken, understood and written.
More than 90% of staff at management level
is fluent in English.

Source: Bangladesh Bureau Of Educational Information And Statistics, Bangladesh

Technical education Board

Bangladesh offers a most liberal FDI regime in South

significant benefits
to exporters.
Asia, with
no prior approval requirements or limits on
equity participation and repatriation of profits and
income in most sectors.
Bangladesh enjoys tariff-free access to the EU,
Canada, Australia and Japan. Bangladesh is the top
manufactured products exporter to the least
developed countries as well as to Europe, with more
Dhaka's
skilled
labor
cost base is still less than the
than 50%
market
share.
other major cities.
Dhaka's management grades are 2-3 times less than in
Singapore, Shanghai, Bangkok.
Industrial estate rent in Dhaka is cost effective than
Shanghai, Jakarta, Bangkok.
Office rents are also very competitive with other
international cities.
Dhaka's housing rent for foreigners are less expensive
than Singapore, Mumbai, Karachi, Hanoi.
Cost of diesel in Dhaka is found to be more
competitively priced than most other large cities.
Vehicles increasingly use LPG as Dhaka gasoline costs
Source: The 20th Survey of Investment-Related Cost Comparison in Major Cities and Regions in
Asia.

Remittance of royalty, technical know-how

and technical assistance fees.
Repatriation facilities of dividend and capital
at exit.
Permanent resident permits on investing US$
75,000 and citizenship on investing US$
500,000.
Tax holiday :100% in first two years: 50% in
the year three and four: and 25% in the year
five.
Accelerated depreciation for new industries.
Businesses exporting 80% or more of goods
or services qualify for duty free import of
machinery and spares, bonded warehousing.
90% loans against letters of credit and funds
for export promotion.
Export credit guarantee scheme.
Source: National Board of Revenue of Bangladesh
Domestic
market sales of up to 20% is

Sector Highlights:
Textile & Apparel Sector of Bangladesh

Textile and Apparel is the major industry of Bangladesh

Generates around 79.6% of the total export receipt of
the country
Bangladesh exported around USD 21.52 billion in the
FY13
The second largest apparel exporter in the world.

Textile Industry Value Chain

Cost and quality of products that are produced on time.

Reliably and very competitively with a highly skilled
labor force.
Sector Highlights
A unique regional location for expansion into key
Eastern and other markets.
Favored trading status with the EU and the USA.
The growing demand for yarn in the local market.
Comparatively low cost of doing business.
lucrative incentive packages.
Favorable investment policy.
Source: Board of Investment
Bangladesh

Establishment of new textile/RMG mill in the

private sector.
Joint ventures
the existingSupport
textile/RMG mill
Investment Opportunities
andwith
Government
Acquisition of public sector textile mills that are
being privatized
Indirect investment through financial services
and/or leasing
Back to back LC and bonded warehouse.
Government support spinners by providing lower
tariffs for machinery spares and raw materials,
cash incentives, reduced tax rate, and low-cost
funding etc.
There was an inflows of $666m foreign direct
investment in 2007 which raised significantly in
2008 to $1086m. As of 2011, inflows of foreign
direct investment recorded to $1136.38m.

Source: Board of Investment

Bangladesh

Textile Sector in Bangladesh Capital Market

Total No. of Listed Companies 259

Listed Textile Companies 32
Total Market Cap. of DSE 281 Billion
Textile Sector Market Cap. 8.5
Billion
Market P/E 15.89
Textile Sector P/E 16.32
Data Source : Dhaka Stock Exchange, March
2014.

Ready Made Garments (RMG)

Composite Textile
Denim
Dyeing
Spinning

Garments ; 26%
Spinning ; 47%
Denim; 11%

Composite Textile ; 12%

Dying; 4%

Sub-sectoral Market Cap as % of Total Sector Cap

40% Industrial Value Addition Comes From Textile

Provide Over 5.0 Million Jobs of which 80% are woman
Over 81% of the export earning comes from Textile &
Textile related product
The Value Addition in woven RMG is now around 35% to
40% and KNIT RMG is around 70%
Around 40% of the total demand of Woven Fabrics for
Export oriented RMG is supplied by the local weaving mills
90% of the domestic fabrics and 100% yarn requirements
of Knit Garments are met by Primary Textile Sector (PTS)
Provide 0.2 Million jobs in Waste Recycle Industry related
to RMG
Contributes 13% to GDP
Generate huge cliental base for Banking, Insurance,
Shipping, Transport, Hotel, Cosmetics, Toiletries & related
economic activities.

Export oriented ready-made

garments (RMG) sector has
emerged
79%
of
Bangladeshs export basket.
Bangladesh meets a little
more than 6% of the total US
and
Euro
zone
apparel
demand, and 2% of global
apparel business making it
the 2nd largest apparel
exporter in the world after
China.
Exports to the US over the
past few years have grown
faster
than
any
other
country.

Source: Export Promotion Bureau, Bangladesh Bank

Important issues related to Bangladeshs Apparel Market Share

the
Bangladesh
RMG
Years
Issue
industry

19771980
19821985
1985

1990s
19931995
2003
2005
2011

Early period of growth

Initial influx of orders & foreign
interest
Imposition of quota restrictions
Significant development of
knitwear sector
Child Labour issue and its solution
Withdrawal of Canadian quota
restriction
Phase out of export quota system
EU bestows GSP facility under
LDC Rules of Origin

US in MN

Source: Export Promotion Bureau, Bangladesh Bank

Competitiveness of the Bangladesh

Lead time

The product-mix has changed significantly in

recent decade. The share of shirts in total
garment exports from Bangladesh to the
European Union has decreased, whereas the
shares for overcoats, jackets, sweaters, suits
products
have
increased.
These
changes
demonstrate that Bangladesh is achieving some
level of product diversification in exporting
garment products to the European Union.
In the 1980s, the usual lead time in the garment
industry was 120-150 and now it has been
reduced to 30-40 days in the current decade.
Bangladesh responded by setting up central or
common bonded warehouse in the private sector
for storing raw materials usable in the exportoriented garment industry, with special incentives
such as duty-free import.

US Import Price for Select Apparel Items

USD per dozen

Bangladesh has earned

price
competitiveness
against the Chinese market
as the labor cost in China
has increased and for this
reason
many
apparel
companies are willing to
shift their production in
Bangladesh due to cheap
labor. For example, making EU Import Price for Select Apparel Items
USD per kg
a dozen knit shirts in
Bangladesh costs only USD
20.99, this is USD 39 in
India and over USD 50 in
China. As is evident from
the graphs, Bangladesh
has
a
near
absolute
advantage when it comes
to low prices. Similarly,
Source: BGMEA
Bangladesh exports enjoy

Capacity remains as the second-biggest advantage of

Bangladeshs RMG industry. With a current 6,000 RMG
factories employing about 5 mn workers from a total
workforce of 80 mn, Bangladesh is clearly ahead of
Southeast Asian RMG suppliers in terms of capacity
offered (e.g., Indonesia has about 2,450 factories,
Vietnam 2,000, and Cambodia 260 factories) . Other
markets, such as India and Pakistan, would have the
potential to be high-volume supply markets, but
structural workforce
and high
Garmentsfactors
manufacturing
labor risk
costs of political
climate prevent
utilization
their capacity,
respectively.
(US$/hour)
byof
Countries
Asian Competitors
US Regional
Suppliers

Typically
garments
worker gets USD 56.16
per month. This remains
one of the lowest figures
in the entire world
being 50% of China.

Bangladesh

0.27

Mexico
2.54
Honduras
1.72-1.82
Dominican
1.55-1.95
Republic
Nicaragua
0.97-1.03
Haiti
0.49-0.55
EU Regional Suppliers
Turkey
2.44
Morocco
2.24
Russia
1.97

Cambodia

0.33

Pakistan
Viet Nam
Sri Lanka
Indonesia
India
China(remote

0.37
0.38
0.43
0.44
0.51
0.55-0.80

China other coastal

0.86-0.94

China(Prime areas
Malaysia
Thailand

1.08
Bulgaria
1.53
1.18
Jorden
1.01
1.29-1.36
Egypt
0.83
Source: ILO Report, 2011 & NCM-April, 2013

Tunisia

1.68

One of the key factors behind the early growth of

the RMG sector was the quota system under the
Multi-Fiber Arrangement (MFA). The General
System of Preferences (GSP) facilities and RoO
(Rules
of
Origin)
offered
to
accelerate
Bangladesh export. In short, MFA provided
market protection for Bangladesh, whereas GSP
facilities offered preferential treatment and
market access opportunities in developed
economies.
The economic empowerment of these working
girls/women
has changed
Women Empowerment
in the Garment
Sectortheir status in the
family. The attractive opportunity of employment
has changed the traditional patriarchal hegemony
of the fathers, brothers and husbands. Most
working women/girls can now chose when to get
married or become mothers. The number of early
marriage is decreasing; so is the birth rate; and
the working girls tend to send their little brothers
and sisters to school, as a result,
the literacy rate is increasing.
Source: BGMEA

 Between January and October

2013, readymade shipments by
Indian exporters to the US grew
6.3 per cent to $3.2 billion, while
Bangladesh overtakes India in RMG exports
the same by Bangladesh jumped
11.4 per cent at $4.9 billion.
Bangladeshs garment exports
increased from $6.8 billion in
2005 to $19.9 billion in 2012,
recording a compounded annual
growth rate (CAGR) of 16.6 per
cent. During the same period,
Indias outward shipments rose
from $8.7 billion to $13.8 billion,
a CAGR of just 6.8 per cent.

 Due to capacity constraints in China, investors are

looking at other lower-cost countries for making
investment in ready-made garment (RMG) industry.
Bangladeshs apparel exports could triple by 2020
as the European and the US buyers plan to
Global RMG market Bangladesh projected as Next China
strengthen their presence in the country and new
players are planning to enter the market seen as the
Next China.
Its labor productivity grew at 7.0 to 13 per cent in
the past two decades, leading to higher wage cost
and losing its foothold as the worlds lowest cost
manufacturer of consumer goods.
Bangladesh, one of the post-China emerging
economies, has already started competing with
China in global apparel exports. In fact, China is now
using Bangladesh to outsource its RMG products
taking advantage of the cheap labor costs here.

Problems in the RMG sector

Transport and utilities supply is the single largest
issue hampering Bangladeshs RMG industry.
congested
roads,
limited
inland
transport
alternatives, and the lack of a deep-sea harbor add
inefficiencies to garment lead time.

Compliance is perhaps the most important part of

running an RMG factory in todays world. As a
developing country, Bangladesh is under close
scrutiny by nongovernmental organizations (NGOs)
and
corporate
social
responsibility
(CSR)
stakeholders regarding compliance. Both CSR
experts and buyers report improved labor and
social compliance standards, but there is still a
broad range of compliance seen across suppliers
and many unsolved topics still exist. The recent
incidents at Tazreen Garments and Rana Plaza
underpin the message that regulatory compliance
BGMEA
is still lagging behind, despiteSource:quantified

Bangladeshs dependence on import for raw

materials creates sourcing risks and longer
lead time. Recent changes in the trade
agreements, e.g. EUGSP rules of origin, India
duty free deal provide incentives for
Bangladesh RMG industry to import fabrics
which might offer the suppliers to upgrade
and venture into more fashionable and
sophisticated products.

The activities of the sector halt during the

confrontational politics as movement of
workers is impeded by the various
shutdowns and political impasses. In case
of delayed shipment, the factory owners
have had to face the orders cancellation
from the international buyers, expensive air
shipment,
demurrage
and
delayed
payment.

Tazreen Factory fire that erupted on

November 2012 lead to a massive loss of
life; it also kick-started an international
scrutiny on the level of regulatory
compliance maintained by Bangladesh
apparel factories. On 24 April 2013, things
took a turn for the worse as an eight-story
commercial
building,
Rana
Plaza,
collapsed in Savar despite early signs of a
structural fault.
The response among Western consumers
was immediate and expected. Consumer
rights groups called for retail giants like
Walmart and H&M to boycott their
operations
in
Bangladesh,
while
advocating consumers to stop buying any
products sporting the tags, Made in
Bangladesh.

Since the incident of Rana Plaza, the Bangladeshi

government quickly closed 18 factories for safety
The Aftermath
Initiatives
Taken
for Improving
garment its
worker sa
violations
and
pledged
to strengthen
inspection regime by filling vacancies and
expanding surveys. The government also enacted
a measure to make it easier for workers to
unionize, and it set up a review board to increase
the garment industrys minimum wage.
A national action plan (nap) is working into fire
safety and structural integrity of the buildings
housing RMG factories.
On the international front, a coalition of Western
retailers pledged to help finance fire-safety and
other improvements among their Bangladeshi
suppliers. Furthermore, the accord signed by
Hennes & Mauritz AB, Inditex and others
obligates retailers to pay no more than USD 2.5
mn for factory improvements over five years.

The
Afterm
ath
Initiati
ves
Taken
for
Improvi
ng
garmen
t
worker
safety

A Compact issued by the European Union, the

government of Bangladesh and the ILO, later
joined by the US government, on improving
working conditions and promoting application of
international labor standards.
An Accord on fire and building safety singed by
150 apparel brands and retailers and two global
union federations to improve safety at garment
factories.
An Alliance comprised of 26 North-American
brands was formed to improve safety in the
apparel industry of Bangladesh.
All the three platforms-Accord, Alliance and
National Action Plan-have started inspecting
garment factories and will complete inspection by
the end of 2014.
The government of Bangladesh and the
International Labour Organization (ILO) have

The
Afterm
ath
Initiati
ves
Taken
for
Improvi
ng
garmen
t
worker
safety

BGMEA supported to organize the International

Trade Expo to improve the building and fire safety
within the readymade garment industry in
Bangladesh.
The following instructions were given by BGMEA
to its member factories to comply with on
mandatory basis.
Move the generators from any level of the
building to the ground floor.
No goods/materials are to be kept on the
stairs/passage, which might cause obstruction for
free movement of personnel.
Check fire alarm and emergency lights at regular
intervals.
Arrange required number of fire extinguisher,
and other related equipment serviceable for use.
Factories should hold Fire Drill as per rule and

Improvi
ng
RMG
Sector
&
Passin
g
throug
h TShirt
Phase

The good news is that most brands are sticking

around. Quality of life in Bangladesh has improved
dramatically since the Western export market
opened. Over three decades, per capita GDP has
more than tripled, and poverty has fallen below 40%
from 70%. Women make up more than 80% of
garment workers and have especially benefited,
going further in school and marrying later in life. The
Bangladesh readymade garment sector certainly has
come a long way, and with a little help from its
stakeholders, may double by 2015 and triple by 2020
According
the NewUSD
York
Times, almost every
to stand at atostaggering
42 bn.
developed country today has gone through a T-shirt
phase. To quote the NY Times, ...it is an economic
period in which there are a significant number of
poor farmers who, rather than toil on
unproductive land, accept harsh work conditions
and low wages in textile and apparel factories.
The developed countries of Britain and the United
States went through a T-shirt phase in the 18th and
19th centuries respectively. In the last 80 years or so,
current Asian heavyweights such as Japan, then Korea,
Taiwan and China progressed from the T-shirt phase

Aman Group pays a great attention to the

Why You

social development and the effective

participation in the economic growth &
development. Starting from trading of
Choose
Aman
Group
consumer
products,
the Groups industry
now covers Textile, Chemical, Real Estate,
Education, Banking, Stock Brokerage, Media,
Insurance and FMCG with a greater
distributional channel.

The

Group preserves its referential identity

and the respect of human rights in general
and the worker and customer rights in
particular.

Backed

by sponsors highly experienced in

the same field, the company is managed
professionally by a team of professionals.

we are working hard for more expansion of

our business and service portfolio to meet
consumer prospect and make a large

Started with manufacturing

Trading and Distribution
steel Mill and CI Sheet
Mousumi Enterprises

197
0
To develop the
society and
for community
welfare
Aman Foundation

199
1
University of
Information &
Technology
IBIT

200
0

197
4
Private University
Presidency University

198
8

Medicine & Health

Organ Laboratories Ltd.

197
9
Invested in banking
& finance industry by
establishing
Mercantile Bank Ltd.

199
9

Invested in insurance
Housing and Real Estate
industry by establishing
Development
Desh General Insurance
SAMP Ltd.
Company

200
0

200
0

Partnership with
Packaging,
Distribution and
Marketing

Arla Foods - Dano

Milk Powder

198
1

Invested in
insurance industry
by establishing
Global Insurance
Company Ltd

200
0
JV cosmetic
manufacturing
plant with HRI,
India.
Arena HRI Ltd.

200
1

How Aman Group evolve to create value in last

43 years ...
Invested at
HP Chemicals
Company.

200
2
Yarn Manufacturing &
Exporting
Aman Spinning Mills
Ltd..

200
6

Private University
Metropolitan
University

Brokerage House
Arena Securities Ltd.

200
3

200
4

BPO & IT Support

AYAT NETWORK LTD

201
0

Training &
Outsoursing
AYAT SKILL
DEVELOPMENT
CENTER

201
2

Investing in Energy
Sector
Arena Securities Ltd.

200
5
Invested in banking
& finance industry
The Farmers Bank
Ltd

201
3

Insurance; 0%
Bank; 9%
Distribution; 1%
Industrial Plant; 0%
FMCG; 6%

NBFI;
4% 1%
Media;
T&E; 0%
ICT; 0%
Social; 0%

Textile; 26%
Property; 52%

Group's Investment

Key Persons Bio

M. Amanullah, aged about 61 years, is the Chairman of the company. He is
one of the founders and Sponsor Shareholders & Present Chairman of
Mercantile Bank Ltd., and Ex Chairman & Present Advisor of Global
Insurance Ltd. & Desh General Insurance Ltd. He was awarded with the
Sarojini Naidu Gold Medal Award in 2000, C.R. Das Gold Medal Award
in 2002 and the Atish Dipankar Scholar Congress Award in 2004 for his
extraordinary contribution in the bank & Insurance sector of Bangladesh.
Tazneen Aman is one of the Directors of Aman Group of Companies Ltd. She
completed her graduation from Dhaka University and B-Ed from National
University. In addition to her active involvement in the Aman Group of
Companies, Tazneen Aman is the Director of The Farmers Bank. She is also
involved in social, cultural and philanthropic activities. She was awarded with
Mother Teresa congressional gold medal Award in 2007, Begum Rokeya Shining
Personality Award in 2007, Mahatma Gandhi peace award in 2008 and the
Nawab Faizunnesa Engineer
Gold MedalTahsin
in 2008.
Aman, aged about 36 years is the Vice Chairman Aman
Group of Companies ltd. He finished his Undergraduate degree from
Worcester Polytechnic Institute, Massachusetts, USA. He completed his
minor requirements from Harvard University, USA. He also completed his
MBA from IBA, Dhaka University. In addition to his contribution in the Aman
Group of Companies, Tahsin Aman is the Present President of the American
Alumni Association (AAA), Bangladesh and Vice Chairman of Global
Insurance
Ltd.
Tahrin Aman, aged
about 31
years is the Managing Director of Aman Group
of Companies ltd. He finished his Undergraduate degree from Boston College,
Massachusetts, USA. He has also completed his Masters in Finance from
Boston College. He was awarded the Hutchinson Memorial Award from the
Dean of Boston College for his outstanding performance in the academic
field. In addition to his contribution in the Aman Group of Companies, Tahrin
Aman is the Vice Chairman of Desh General Insurance Ltd & member of the

The Group's future plan is to diversify

business where feasible by adopting
new and advanced technologies:
The Group Invest more in garments
and textile industry, setting up a new
and manufacturing
unit for
Future Expansion Plan factory
&Investment
Opportunities
creating employment and economic
development for the country.
The group has taken initiative for
further expansion to its line of
business by introducing new portfolio
in FMCG sector. The group is going
forward to invest in emerging export
market like South East Asia, Middle
East and Africa.
The group will have a plan to
increase productivity standards at
the lowest operating cost, thus to
offer customers a product of the
highest
quality
at
the
most

Location:
15.4 km distance from Dhaka
International airport
5 km from Dhaka Export processing
zone (EPZ)
Available 3300 Decimals land are
ready at Aman Industrial Zone.

Aman Spinning Mills Ltd was incorporated

in Bangladesh on November 27, 2006 as
a private limited company and converted
into public limited company under the
companies Act 1994 15th December,
2009. The project of the company has
been equipped most modern and
sophisticated Europe Origin & all
machineries
are
of
state-of-the-art
technology.
Year
2006
2007
2008
2009

Event
Incorporated
Construction Start
Machinery Import, Erection &
Construction
Trail Production & Commercial
Production.

Name
M Amanullah
Tahsin Aman
Tahrin Aman
Tazneen Aman
Nusrat Aman
Anowara Aana Aman
Arena Industries Ltd.

% of
No. of Shares
Designation
ownershi
held
p
Chairman
6,000,000
20%
Vice Chairman
7,500,000
25%
Managing Director
7,500,000
25%
Director
900,000
3%
Director
300,000
1%
Director
300,000
1%
Director
7,500,000
25%
Total
30,000,000
100

Principal
Products

Sl

The main products of ASML are Carded, Core Spun, Slub,

Organic, Viscose and Modal yarn made of raw cotton and
various
manmade fibers.
Item Name
Particulars
Count Range

Carded Yarn

100% Cotton, Electronically cleared Auto Coned Auto Spliced Knit Yarn

(Regular)
20/1 to 40/1

Carded (Slub)

100% Cotton, Electronically cleared Auto Coned Auto Spliced Knit Yarn

20/1 to 40/1

Carded (Organic)

100% Cotton, Electronically cleared Auto Coned Auto Spliced Knit Yarn

20/1 to 40/1

Carded Organic
(Blend)

(5%, 10% 15%, 20%,25%, 30%, 35%,40%,50%,60%, 70%, 75%, 80%, 90%
Organically Grown Cotton) + Cotton (%)

20/1 to 40/1

Electronically cleared Auto Coned Auto Spliced Knit Yarn

Spandex core
yarn
Viscose

100% Electronically cleared Auto Coned Auto Spliced Knit Yarn

20/1 to 40/1

Modal

(Any Composition) Electronically cleared Auto Coned Auto Spliced Knit Yarn

20/1 to 40/1

BCI

Electronically cleared Auto Coned Auto Spliced Knit Yarn

20/1 to 40/1

Fair Trade

Electronically cleared Auto Coned Auto Spliced Knit Yarn

20/1 to 40/1

10

CMiA

Electronically cleared Auto Coned Auto Spliced Knit Yarn

20/1 to 40/1

Items of Product
28 S/1 Carded Yarn (export)

6/1 To 40/1

Spindles uses

Annual Capacity (Kg)

35,088

69,22,500.00

ASML
has
an
extensive
coverage
in
international
market. ASML is an ISO
9001:2008,
Quality
Management System (QMS)
and
ISO
14001:2004,
Environmental
Management
System
(EMS)
certified
company. This recognition is a
milestone in a journey towards
quality,
excellence
and
demonstrates the competence
and commitment of ASML in a
process
that
guarantees
complete
satisfaction
of
customers. At present Aman
Spinning Mills Ltd. is accepted
by
renowned international
organizations like Fair Trade
International, Cotton made in
Africa, Ocko-tex, Better Cotton

Finan
Particulars
Yearly Turnover
Tax holiday

2013
20.93
75%

2012
22.36
50%

2011
25.42
50%

Fig in US$
million

2010
17.35
0%

Income Tax

0.10

0.06

0.02

0.01

After Tax profit

0.71

0.25

0.01

1.81

Total Asset

29.06

31.01

25.70

25.59

Total Loan outstanding

22.00

24.65

19.97

20.22

Interest paid

2.41

2.54

2.63

2.16

2016

Fig in US$
million

Projection

2014

2015

2017

Yearly Turnover

24.07

24.60

29.23

30.69

NP after tax

1.44

1.72

1.75

1.84

Investment
Requirements at Aman
Industrial Park
Investment Requirements

Pay off current loan

outstanding (TL & WC)
60 tons capacity for new
spinning project
80 tons capacity for new
Knitting factory
60 tons capacity for new
Dyeing factory
For new Printing &
Embroidery factory
For new 30 line garments
factory
Total Investment
requirement

Investment
Amount (BDT
in mn)

Investment
Amount (US$ in
million)

760 mn

$9.75

2500 mn

&32.05

300 mn

$3.85

800 mn

$10.25

100 mn

$1.28

40 mn

$0.52

4500 mn

$57.70

Thank You

Tahrin Aman
Managing Director
Aman Group of Companies Ltd
Taher Tower, Plot no: 10,
Gulshan North Circle, Gulshan-2
Dhaka Bangladesh
tahrin@amanspinning.com