It is a broadly described annual report of Jute Spinners Limited in the year of 2010. 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. 656,836,533 million. Cost of Goods Sold Taka. 581,080,751 million. Gross Profit Taka. 75,755,782 million. Net Profit after Tax for the year 2010, Taka. 6,346,562 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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