It is a broadly described annual report of Square Textiles Limited in the year of 2011. The Company contributed an amount of Tk. 126.01 million in 2011 to the National Exchequer. The Company contributed substantially to the Foreign Exchange Reserve of the Country during 2011 through its export marketing operation, this amounted to Tk. 1,364.48 million. The net profit of Tk. 620,177,854.00 earned during the year 2011. Cost of Goods Sold Taka. 7,942,084,250 million. Gross Profit Taka. 1,449,738,439 million. The turnover increased by 18.05% during the year 2011 as against 14.50% of 2010. However, The gross margin is 20.75% during the year 2011 as against 66.25% of the previous year. As the operating expenditure increased by 39.05% over previous year, the operating income increased by 10.52% only over the previous year.
The Board of Directors proposed both cash and stock dividend of Tk. 1.60 (Taka one and sixty paisa) only per share and 20 (Twenty) fully paid-up bonus shares for every 100 (Hundred) shares respectively for the year 2011. 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
