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During 2020, Chittagong Corporation reported a net loss of BDT115,600. On 1 January 2020 they had 200,000 shares of common stock outstanding. On 1 May

During 2020, Chittagong Corporation reported a net loss of BDT115,600. On 1 January 2020 they had 200,000 shares of common stock outstanding. On 1 May 2020, they issued 50,000 new shares. On 1 December 2020, 75,000 shares were purchased back as treasury stock. Chittagong Corporation also had 1,000 shares of 10%, BDT100 par, preferred stock outstanding. During 2018, Chittagong Corporation issued 600, BDT1,000 par, 7% bonds for BDT 600,000 (issued at par). Each of these bonds is convertible to 100 shares of common stock. The tax rate is 40%. According to the companys policy no dividend is announced if the net profit is below BDT 100,000.

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