Annual Report 2017 of Fortune Shoes Limited

It is a broadly described annual report of Fortune Shoes Limited in the year of 2017. In 2017, the Company has sales growth resulting in higher profit comparing to the previous year. The company’s revenue for the year ended June 30, 2017, is Taka. 1428.43 million and net profit after tax is Tk. 18.67 million which is 13.07% of total Sales Revenue. As a result, Earning per Share (EPS) has increased to Tk. 2.03 from Tk. 1.44.

The Board of Directors has recommended @ 12% stock dividend for the existing shareholders for the year ended 30 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.