Comparison of Profitability of Listed Pharmaceutical Companies in Bangladesh

Abstract

This thesis paper is set up as a partial contentment of BBA program of the department of Business Administration of Daffodil International University. This thesis paper will give a Comparison of profitability of listed pharmaceutical Companies in Bangladesh. The pharmaceutical market of Bangladesh very much dynamic and competitive and is comparable to those of developed countries. It is a matter of great pleasure that this sector successfully fulfils major portion of local demand of pharmaceutical products and at the same time it is moving forward to explore the international market for chemicals and pharmaceuticals products. The contribution of pharmaceuticals companies in Bangladesh to the national economy is encouraging. The investment in this sector is increasing which speaks about the potentiality in this sector. This sector satisfies the demand of the local market and also goes for export to explore the international market. Presently these industries exporting medicines to more than 50 countries of the world. Hence, the present study is initiated Profitability of Listed Pharmaceuticals Companies: Square Pharmaceuticals Limited, Renata Pharmaceutical Company, Beximco Pharmaceuticals Ltd, Beacon Pharmaceuticals Limited, Advanced Chemical Industries, ACME Laboratories Ltd, Orion Pharma Ltd, Ibn Sina Pharmaceutical in Bangladesh with three (04) years accounting period from 2016-2019. It can be concluded that the profitability of pharmaceutical companies is very much satisfactory as all of the companies according to the standard norms of profitability in terms of investment. Keywords: Profit; Profitability; Pharmaceuticals industry.