It is a broadly described annual report of Confidence Cement Limited in the year of 2008. The company contributed the total amount of Tk. 258,252,006 to the National Exchequer in the form of Customs duty, VAT and Advance Income Tax under during the year. During the year under review, the company achieved sales of Tk. 122.98 Crore against 110.24 Crore in 2007. During the year the company incurred loss Tk. 2.84 Crore due to unhealthy competition, forcing prices down in the cement sector etc. Net turnover Taka. 1,229,887,420. Gross profit Taka. 23,711,914. The Company has financed Tk. 3.50 Crore in equity in the new project from its own source. Besides this, the management has decided to invest a fund for Tk. 3.00 Crore to Tk. 4.00 Crore in capital market operations.
This year earnings per share are Tk. (14.98). However, considering the interest of shareholders the Board of Directors of your company recommended 10% stock dividend from dividend equalization fund for the financial year 2008.
More Annual Report of Confidence Cement Limited :
- Annual Report 2008 of Confidence Cement Limited
- Annual Report 2009 of Confidence Cement Limited
- Annual Report 2010 of Confidence Cement Limited
- Annual Report 2011 of Confidence Cement Limited
- Annual Report 2012 of Confidence Cement Limited
- Annual Report 2013 of Confidence Cement Limited
- Annual Report 2014 of Confidence Cement Limited
- Annual Report 2016 of Confidence Cement Limited
