It is a broadly described annual report of Square Textiles Limited in the year of 2010. The Company contributed an amount of Tk. 126.97 million in 2010 to the National Exchequer. The Company contributed substantially to the Foreign Exchange Reserve of the Country during 2010 through its export marketing operation, this amounted to Tk. 1,220.83 million. The net profit of Tk. 564,769,143 earned during the year 2010. The turnover increased by 14.50% during 2010 over 2009 when it rose by 27.19% over 2008. However, the gross margin increased by 66.25% during the year 2010 as against increased by 15.18% during the previous year. As the operating expenditure increased by 3.06% over previous year, the operating income increased by 125% only over the previous year. The EPS is increased by 116.82% in the previous year.
The Board of Directors in its meeting held on 19th April 2011 has decided in principle to increase the Authorised Capital of the Company from Tk. 100 crore (Taka One hundred crore) divided into 10 Crore (Ten Crore) shares of Tk. 10/- each to Tk. 300 crore (Taka Three hundred crore) divided into 30 Crore (Thirty Crore) shares of Tk. 10/- each. 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.
More Annual Report of Square Textiles Limited:
- Annual Report 2009 of Square Textiles Limited
- Annual Report 2010 of Square Textiles Limited
- Annual Report 2011 of Square Textiles Limited
- Annual Report 2012 of Square Textiles Limited
- Annual Report 2013 of Square Textiles Limited
- Annual Report 2014 of Square Textiles Limited
- Annual Report 2016 of Square Textiles Limited
- Annual Report 2017 of Square Textiles Limited
