It is a broadly described annual report of Jute Spinners Limited in the year of 2009. The company is a publicly traded company as per income tax law. The rate of Income Tax applicable to the company during the year under audit is 15%. During this financial year, The Company’s Turnover Taka. 530,838,856 million. Gross Profit Taka. 61,284,429 million. Cost of Goods Sold Taka. 469,554,427 million. Operating Profit Taka. 7,585,015 million. Net Profit after Tax for the year 2009, Taka. 3,719,816 million.
The Board of Directors is pleased to recommend Final Dividend @ Tk. 20/= (twenty) only per share of Tk. 100/= each on paid-up capital. 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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