It is a broadly described annual report of Apex Spinning & Knitting Mills Limited in the year of 2010. The Company achieved an export turnover of Taka. 1,586.09 million during the year ended 31st March 2010. Last year’s turnover was BDT 1,649.53 million. The decrease in turnover is 3.85% with a 13.87% decrease in profit (before tax). Net profit (after tax) earned during the year was Taka. 13.81 million as compared to last year’s Net Profit (after tax) of Taka. 13.12 million. This is due to the fact that on an average 20 to 30 percent price has declined depending on the item of export. During the year, the company BDT 53.09 million was invested in fixed assets.
The Board of Directors has recommended Cash Dividend of Tk. 15.00 per Share of Tk. 100.00 each for the year 2009-10. The dividend will be paid to the Shareholders whose names appear in the Share Registers of the Company or in the Depository Register as on 16th August 2010 at the close of office. 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 Apex Spinning & Knitting Mills Limited:
- Annual Report 2010 of Apex Spinning & Knitting Mills Limited
- Annual Report 2011 of Apex Spinning & Knitting Mills Limited
- Annual Report 2012 of Apex Spinning & Knitting Mills Limited
- Annual Report 2013 of Apex Spinning & Knitting Mills Limited
- Annual Report 2014 of Apex Spinning & Knitting Mills Limited
- Annual Report 2015 of Apex Spinning & Knitting Mills Limited
- Annual Report 2016 of Apex Spinning & Knitting Mills Limited