It is a broadly described annual report of SAIF Powertec Limited in the year of 2014. In 2014, The Company’s Total Assets rose to BDT 2685.79 million. During the financial year, The Company’s Total Turnover BDT 1,464,111,513. Gross Profit BDT 498,051,410. Operating Profit BDT 302,926,488. Profit excluding tax was BDT 111.51 million compared to BDT 88.33 million in the previous year. The Net Asset Value per share has gone up to BDT 26.84.
The Company’s Board of Directors is also concerned about the share holder’s interest and has recommended a @27% stock dividend for all valued shareholders for the year 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.
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