Financial Performance Analysis of Crystal Martin Apparel Bangladesh Limited
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Date
2020-10-31
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Daffodil International University
Abstract
The work experience I gathered from February 22, 2020, to May 22, 2020, as an intern in Crystal
Martin Apparel Bangladesh Limited Department of Finance and Accounts. Since 2011, Crystal
Martin Apparel Bangladesh Limited is one of Bangladesh's garments export-oriented companies.
Crystal Martin Apparel Bangladesh Limited is a Garments Manufacturer and Exporter, having all
state of the art facilities with an annual turnover of $31.9 million. They produce their product for
their buyer and client those are coming from the international market mainly Uk and Continental
European Retailers. I am sharing this report because of my 3-month internship experience.
The only reason to choose Crystal Martin Apparel Bangladesh Limited for its seven-position
Garments Manufacturer in the World. It is a wonderful opportunity to learn and see these
operations and gather practical knowledge.
The document renders Crystal Martin Apparel Bangladesh Limited a monetary performance
overview for 2015-2018. The file includes a top-level view of the ratio (operating ratio, liquidity
ratio, operation ratio, productivity ratio, and leverage ratio), the company's financial balance sheet,
and income statement.
And the closing component describes how Crystal Martin Apparel Bangladesh Limited figures
out their present state of affairs distinction between the previous situations and also has a
recommendation on how to cope with their problem.
Description
Crystal International Group was based in Hong Kong by the use of Mr. And Mrs. Kenneth Lo in
1970. At our inception, we had a workshop with some stitching machines and knitting looms
producing sweaters.
Today, we've round 20 self-operating manufacturing centers spanning across five countries. With
personnel of about 80,000, we deliver over 470 million portions of clothing a year to the best-in-
class garb brands in the world, presenting them the proper product at the proper time at the proper
cost. Our broad variety of garb products includes lifestyle wear, denim, intimate, sweater and
sportswear, and outside apparel.
Our co-advent enterprise model is vital to achieving and improving our industry-main role as
supported via the powerful combination of our almost 5 decades of industry experience, long-time
period partnerships with globally main apparel brands, an assorted product portfolio, and a multi-
country production platform, which has driven our capacity to launch new commercially a hit
merchandise for our customers continuously.
We have developed primarily based on our corporate lifestyle of caring "For the Greater Good"
— where the good of customers, colleagues, society, and the global surroundings are our priorities.
We trust sustainability permits us to create "shared value" for shareholders and stakeholders
through our enterprise process. To this end, we take a holistic approach to sustainability the use of
the five pillars: Environment, Innovation, Product Integrity, Employee Care, and Community
Engagement.
Keywords
Financial statements, Textile Industry