Annual Report 2017 of Monno Jute Stafflers Limited

It is a broadly described annual report of Monno Jute Stafflers Limited in the year of 2017. The Company has no Tax Liability other than the above including Current year Tax Provision of Tk. 76,359 & up to previous year’s tax Provision Tk. 5,651,426 till date against which there is an advance of Tk. 12,480,337 as shown under Advance, Deposit & Prepayments. During the financial year, The Company’s Cost of Goods Sold Taka. 47,955,331 million. Profit from Operations Taka. 2,529,163 million. Net Profit before Tax Taka. 305,439 million. Net Profit after Tax for the period Taka. 229,080 million. The Company’s shares of a nominal value of Tk. 10.00 were quoted at Tk. 520.00 per share on the Dhaka Stock Exchange Limited as on 30th June 2017.

The Board of Directors has recommended @15% stock dividend for the year ended on 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.