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Unilever Consumer Care Limited held its 49th AGM announcing 440 % cash dividend

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Unilever Consumer Care Limited successfully holds its 49th Annual General Meeting (AGM) on Tuesday, 17th May 2022. At the meeting, shareholders approved the Directors’ Report, Auditor’s Report and Audited Accounts for the year ended 31st December 2021, where the declaration of final cash dividend @ 440% i.e. Tk. 44.00 per ordinary share of Tk. 10.00 each was approved.

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The revenue of Unilever Consumer Care has grown by 19.4 percet last year, while gross profit 20.6 percent.

In pursuance to Bangladesh Securities and Exchange Commission’s directive, the AGM was conducted through Digital Platform consecutively for the third time.

The meeting was presided over by the Company’s Chairman Masud Khan. Company’s Managing Director KSM Minhaj and other Directors namely Zahidul Islam Malita, S.O.M. Rashedul Quayum, Md. Abul Hossain, Mohsin Uddin Ahmed and Reazul Haque Chowdhury and Company Secretary Mohammad Naharul Islam Molla along with representatives from Company’s Statutory Auditors and Senior Management and a good number of shareholders attended the meeting using the digital platform.

Masud Khan, Chairman of Unilever Consumer Care Limited said, “In 2021 we consolidated our strategy at the back of extensive cost-saving initiatives, technological innovations, superior consumer understanding and deeper market intimacy. In pursuit of offering accessible nutrition to consumers, we have ensured access packs for core Horlicks and Junior Horlicks.”

“As a consumer healthcare company, we want to keep consumer wellbeing at the core of our business and contribute to the Sustainable Development Goals (SDG) of Zero Hunger and Health and Wellbeing. We want to contribute to this cause, reaching every household in Bangladesh, intending to provide our local insight driven products for each consumer class. We at Unilever aim to continue providing access to proper, balanced nutrition for all the different segments of the population. We believe, the way to build a fair and just society for a sustainable Bangladesh is by ensuring nutrition for the nation,” he said.

Unilever Consumer Care Limited is one of the largest Fast Moving Consumer Goods Company and has been operating in Bangladesh Since 1974. Throughout its remarkable journey of over four decades in this country, UCL stands strongly and maintains a leading position in the Health Food Drink Category of Bangladesh. UCL’s portfolio includes international brands Horlicks, Maltova, Boost and GlucoMax D.

After successfully integrating with Unilever, one of the largest global players in the Fast-Moving Consumer Goods (FMCG) industry, UCL has reemphasised its purpose of fighting all sorts of malnutrition in Bangladesh through its purpose led brands and initiatives. As guided by the sustainable living principles of its Unilever Compass, UCL zooms into contribute to ensure “Positive Nutrition” and achieving the SDGs of Zero Hunger and Good Health and Wellbeing.

For further information please visit www.unilever.com/UCL-bd.html

For queries, please email at UCL.Bangladesh-info@unilever.com

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