It is a broadly described annual report of Western Marine Shipyard Limited in the year of 2013-2014. In 2013-2014, The Company’s Total Assets Taka. 9,834,602,404 Crore. During the financial year, The Company has recorded revenue of Tk. 257.81 Crore which is higher than 5.61% than last year. The company’s Gross Profit Tk. 648,242,856 Crore. Operating Profit Tk. 598,446,502 Crore. The Company has recorded Profit before Tax of Tk. 19.54 Crore which is 6.50% higher than the previous year. Net Profit after Tax for the year Tk. 149,739,649 Crore.
The Board recommended for the declaration of @10% Bonus Share i.e. 1 share against 10 shares held to all the shareholder and @5% cash dividend to all general shareholders other than Sponsor shareholders Directors’ of the Company for the year ended 30th June 2014. 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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