Financial Performance Analysis Of Bondor Steel Limited

Abstract

The report is based on my internship program and financial statements of 2013, 2014, 2015, 2016 and 2017 of Bondor steel Limited. When I start to preparing this report I obtained first-hand knowledge about the Steel industry and was confronted for the first time with the comparative commercial world. On the other side I learnt how to work under pressure and cooperate in a team. Bondor steel Industry (BSI) which was started small in 2002 in Narayangong has made its way around the country ranging from Billet to unique steel bars special in Bangladesh. Because of the lack of cash capital ended up in an asset which worth around Tk. 800 crore. This slowly led to bigger popularity and connections to wealthier customers. High-priced products however along with the increased number of companies offering branded steel bars is eventually becoming a threat to BSI share in the market. Bondor steel Industry ( BSI) manages to attract its customer through promised quality, reasonable discounts for cash purchases and long term relationship of value and bonding. BSI is sustained through recession phase because of its modern technology, different types of product and service towards consumer by creating a bond which is to be forever. Shortage of advertising activities is the weakness of this company. But nowadays they are planning different. The past 3 month was something unforgettable to me due to the relationship with some people with extremely beautiful heart and their good mind in this entire period can’t be paid in return. The working pressure was a lot, but that gives me is the valuable learning that will be helpful for me in future.