It is a broadly described annual report of Dragon Sweater and Spinning Limited in the year of 2017. The company contributed an amount of Taka. 7,152,994 in the year ended June 30, 2017, and Taka. 3,330,147 for the year ended June 30, 2016, to the National Exchequer. The net profit of Tk. 145,578,043 earned during the year ended June 30, 2017. The Costs of Goods in the year ended June 30, 2017, amounted to 72.07% of Revenue, thereby resulting in Gross Profit Margin of 27.93%. This is fairly consistent with 27.77% Gross Profit Margin for the year ended June 30, 2016. The Net Profit Margin at 14.34% of Revenue, Net Profit Margin at 13.13% of Revenue has registered a growth in the year ended June 30, 2016, as compared to 11.62% in 2014.
The Board of Directors has resolved to declare a final dividend of @15% stock dividend per share 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.
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