It is a broadly described annual report of Unique Hotel And Resorts Limited in the year of 2011. Operating revenue of the Company increased by 19% during the year 2011. Profit before tax for the year ended 31st December 2011 stood at Taka. 1,319,239,118 as against Taka. 1,192,471,291 over the same period of the year 2010 which means 11% increase in profit over the corresponding figures of the year 2010. Cost of Goods Sold in 2011 increased by 8.37% only as compared to the year 2010 due to growth in overall revenue by 19% in 2011 over the year 2010. Gross profit registered a robust 21.98% growth in 2011. However, Net Profit registered a 12.17% negative growth in 2011 due to the imposition of income tax on the profit of the company recorded after 30 June 2011. The Company raised its share capital through Initial Public Offering (the “IPO”) by issuing 26,000,000 shares @Tk.75 (including premium of Tk.65 each) in the year 2012.
As the Company has recorded a handsome profit of Taka. 1,047,316,987 in the year 2011, the Board of Directors of the Company recommended 15% Cash and 15% Stock Dividend per share for the year 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 Unique Hotel And Resorts Limited:
- Annual Report 2011 of Unique Hotel And Resorts Limited
- Annual Report 2012 of Unique Hotel And Resorts Limited
- Annual Report 2013 of Unique Hotel And Resorts Limited
- Annual Report 2014 of Unique Hotel And Resorts Limited
- Annual Report 2016 of Unique Hotel And Resorts Limited
- Annual Report 2017 of Unique Hotel and Resorts Limited