It is a broadly described annual report of Mozaffar Hossain Spinning Mills Limited in the year of 2014. During the year the company has contributed Tk. 2.53 Crore to the National exchequer as Income tax. During the financial year, The Company’s Total Turnover Taka. 982,322,640. Gross Profit Taka. 240,619,016. Profit from Operation Taka. 234,933,119. Net Profit before tax Taka. 156,860,163. Net Profit after Tax for the year Taka. 132,898,391. Net cash flow from operation Taka. 111,497,477. The company has raised Tk. 27.50 Crores by issuing ordinary shares to pay off the bank loan Tk. 26.15 Crores and paid PO cost Tk. 1.35 Crores.
The Board of Directors has recommended @25% stock dividend for the existing shareholders for the year ended 30th June 2014. 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 Mozaffar Hossain Spinning Mills Limited:
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- Annual Report 2016 of Mozaffar Hossain Spinning Mills Limited
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