Finance

Annual Report 2017 of Nahee Aluminum Composite Panel Limited

Annual Report 2017 of Nahee Aluminum Composite Panel Limited

It is a broadly described annual report of Nahee Aluminum Composite Panel Limited in the year of 2017. During the year under review, the company has contributed Taka. 120,973,292 to the national Exchequer. During the financial year, The Company’s Cost of Goods Sold Tk. 343,971,447. Gross Profit/(Loss) Tk. 181,919,338. Operating Income Tk. 160,691,509. Net Profit/(Loss) before Tax Tk. 135,645,053. Net Profit/(Loss) after Tax for the year Tk. 84,471,470.

The Board of Directors has recommended @10% Stock & @5% Cash dividend for the shareholders 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.