It is a broadly described annual report of Miracle Industries Limited in the year of 2012. Overall sales turnover (both local and exports) was Tk. 4923.76 lac during the year 2011-2012 compared to Tk. 5583.43 lac in the previous year 2010-2011. The company earned Gross Profit of Taka. 757.59 lac during the year 2011-2012 compared to Taka. 807.54 lac in the previous year 2010-2011. During the year 2011-2012 Company earned a Net Profit of Taka 33.65 lac after providing tax compared to the Net profit of Taka 45.51 lac in the previous year 2010-2011.
The Board of Directors proposes and recommends for the declaration of @5% stock Dividend on paid-up capital to the shareholders for the year 2011-2012. 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.
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