It is a broadly described annual report of Miracle Industries Limited in the year of 2014. Overall sales turnover (both local and exports) was Taka. 4590.68 lac during the year 2013-2014 compared to Taka. 4191.45 lac in the previous year 2012-2013. So, total sales increased by Tk. 399.23 lac in comparison to that of the previous year. The Company earned Gross Profit of Tk. 778.68 lac during the year 2013-2014 compared to Tk. 708.30 lac in the previous year 2012-2013. During the year 2013-2014 Company earned a Net Profit of Tk. 58.31 lac after providing Income Tax compared to the Net profit of Tk. 21.97 lac in the previous year 2012-2013.
The Board of Directors proposes and recommends for the declaration of @5% stock dividend on paid-up capital to the shareholders for the year 2013-2014. These financial statements are presented in Bangladesh Taka (Taka/Tk/BDT) which is the company’s functional currency. All financial information presented in Taka has been rounded off to the nearest Taka.
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