Finance

Annual Report 2013 of M.I. Cement Factory Limited

Annual Report 2013 of M.I. Cement Factory Limited

It is a broadly described annual report of M.I. Cement Factory Limited in the year of 2013. The current year’s turnover was Taka. 6,829.70 million as against Taka. 5,657.60 million of the last years, resulting 20.72% growth in the current year compared to the previous year. The Gross Profit grew by 53.83% that meant to a good leap from Taka. 746.32 million to Taka. 1,148.04 million. Again, the current year’s Net Profit after Tax was Taka. 665.37 million as against Taka. 565.76 million of the last year, resulting 17.61% growth in the current year compared to the previous year. The earnings per share increased from Tk. 3.81 to Tk. 4.48 i.e. an Increase of 17.61% in the current year.

Considering the business growth of the company, the Board of Directors is pleased to recommend a cash dividend of @40% i.e. Tk. 4.00 for each Ordinary Share of Tk. 10.00 for the year ended 30 June 2013. 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 M.I. Cement Factory Limited:

  1. Annual Report 2011 of M.I. Cement Factory Limited
  2. Annual Report 2012 of M.I. Cement Factory Limited
  3. Annual Report 2013 of M.I. Cement Factory Limited
  4. Annual Report 2014 of M.I. Cement Factory Limited
  5. Annual Report 2015 of M.I. Cement Factory Limited
  6. Annual Report 2016 of M.I. Cement Factory Limited
  7. Annual Report 2017 of M.I. Cement Factory Limited