It is a broadly described annual report of Confidence Cement Limited in the year of 2011. The company contributed the total amount of Taka. 470,901,906 to the National Exchequer in the form of Customs duty, Vat and Advance Income Tax during the year. During the year under review, the company achieved operating profit before other income of Taka. 22.02 Crore while Taka. 16.36 Crore in 2010. Net turnover for the year Taka. 2,240,791,456. Gross profit for the year Taka. 314,440,495. The company produced 375,333 M.T cement during 2011 as against 299.393 M.T in 2010. The overall sales performance in 2011 showed a steady upward trend. During the year sales Increased by 27% and 30% in quantity and value receptively.
The Board of Directors recommended to pay the cash dividend on the paid-up capital of the Company @ 20% i.e Tk. 2 for each share of Tk. 10 and stock dividend 20% i,e 1 bonus shares for every 5 ordinary shares for the year 2011.
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
