It is a broadly described annual report of Zaheen Spinning Limited in the year of 2016-2017. In this year, the cost of goods sold is Tk. 678,505,379.00 compared to previous year’s cost of goods sold is Tk. 650,382,747.00. During this year the gross profit margin of the Mill is Tk. 190,539,517.00 (which is 21.92%) as against Tk. 144,571,502.00 (Which is 18.19 % ) of previous year. In this year the net profit margin after provision for tax is Tk. 119,249,204.00 (Which is 13.72%) as against Tk. 76,662,844.00 (which is 9.64%) of the previous year.
The Board of Directors has decided to recommend @15% stock share as dividend for the year ended 30th June 2017.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 Zaheen Spinning Limited: