Finance

Annual Report 2017 of H.R.Textile Mills Limited

Annual Report 2017 of H.R.Textile Mills Limited

It is a broadly described annual report of H.R.Textile Mills Limited in the year of 2017. During the financial year, The Company’s Total Turnover Taka. 1,658,245,382. Gross Profit Taka. 241,218,521. During the year under report, the company earned profi­t after tax of Taka. 36,286,448.

The Board of Directors of the Company in its meeting held on 23rd October 2017 (2016: 26th October 2016) recommended @10% cash dividend i.e., Tk. 1.00 per share of Tk. 10.00 each (2016: 10% cash dividend) for all shareholders of the company subject to their approval in the AGM. 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.