Finance

Annual Report 2015 of Bangladesh Steels Re-Rolling Mills Limited

Annual Report 2015 of Bangladesh Steels Re-Rolling Mills Limited

It is a broadly described annual report of Bangladesh Steels Re-Rolling Mills Limited in the year of 2015. During the year 2015, Bangladesh Steel Re-Rolling Mills Limited contributed to the government exchequer along with utility about a sum of Tk. 1644.59 million. During this financial year, The Company’s Cost of Goods Sold Taka. 7,343,965,590. Gross Profit Taka. 458,011,092. During the year 2015, Gross Profit Margin was 5.87% against 2.34% in 2014. Net Profit for the year Taka. 827,674,669. The Net profit Margin Ratio is 10.61% against 1.36% in the last year. In this year Company has earned the net profit of Tk. 827.67 million. The share of Profit of associates of Tk. 1,169.85 million has been included herewith. Profit increased mainly due to profit from associates.

The Board of Directors is pleased to recommend @10% stock & 5% cash dividend on equity shares for the year ended December 31st, 2015 for consideration and approval by the shareholders in the annual general meeting. 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.

More Annual Report of Bangladesh Steels Re-Rolling Mills Limited:

  1. Annual Report 2011 of Bangladesh Steels Re-Rolling Mills Limited
  2. Annual Report 2012 of Bangladesh Steels Re-Rolling Mills Limited
  3. Annual Report 2013 of Bangladesh Steels Re-Rolling Mills Limited
  4. Annual Report 2014 of Bangladesh Steels Re-Rolling Mills Limited
  5. Annual Report 2015 of Bangladesh Steels Re-Rolling Mills Limited
  6. Annual Report 2017 of Bangladesh Steels Re-Rolling Mills Limited