Financial performance analysis of JMI Syringes &Medical Devices Ltd.
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In Bangladesh, Surgical device market had great value. Even some years back we used to import most of your surgical equipment and devices from foreign countries. But now few companies are producing those necessary devices here for which we don’t have to import those devices anymore and that’s making our like easier. JMI Syringe & Medical Devices Ltd. is one of those companies. For the production of these devices now Bangladesh is doesn’t have to import most of the surgical devices, moreover they are actually exporting these devices to many countries which is highly contributing to our developing economy. JMI Syringe & Medical Devices Ltd.’s age is comparatively less than it’s competitors. They started their journey in April 1999. But even being a recent company, JMI Syringe have great potentials. Their best product which is Auto Disable Syringe was their main reason of success. That’s why I have selected JMI Syringe & Medical Devices Ltd. For my report. This report shows the financial analysis of this company through Ratio Analysis, comparison with industrial average. Also, some suggestions for this company and operations.