Annual Report 2011 of Miracle Industries Limited

It is a broadly described annual report of Miracle Industries Limited in the year of 2011. The overall sales turnover (both local and exports) was Taka. 5583.43 lac during the year 2010-2011 compared to Taka. 5515.55 lac in the previous year showing the increase of overall sales turnover by Tk. 67.88 lac during the year 2010-2011 indicating 1.23% increase over the corresponding previous year 2009-2010. The Company earned Gross Profit of Tk. 807.54 lac during the year 2010-2011 compared to Tk. 950.63 lac in the previous year 2009-2010 showing the decrease in gross profit by Tk. 143.09 lac indicating 15.05% decrease over the corresponding previous year. During the year 2010-2011 Company earned a Net Profit of Tk. 45.51 lac after tax compared to the Net profit of Tk. 180.55 lac in the previous year 2009-2010 showing decrease of Net Profit by Tk. 135.04 lac indicating 74.79% decrease in Net Profit over the corresponding previous year 2009-2010.

The Board of Directors proposes and recommends for the declaration of @5% stock Dividend on paid-up capital to the shareholders for the year 2010-2011. 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 Miracle Industries Limited:

  1. Annual Report 2011 of Miracle Industries Limited
  2. Annual Report 2012 of Miracle Industries Limited
  3. Annual Report 2014 of Miracle Industries Limited
  4. Annual Report 2015 of Miracle Industries Limited
  5. Annual Report 2016 of Miracle Industries Limited