It is a broadly described annual report of GPH Ispat Limited in the year of 2014. During the year 2013-14, The Company has paid BDT 394.63 million to National Exchequer against the corporate tax, source tax, customs duty, VAT, etc. During the year under review, the company’s profit after tax stands Tk. 278.85 million which was Tk. 250.12 million in the previous year. During the previous year (2012-13) the Company earned Tk. 4.12 million as interest income on IPO fund, but during the year under review (2013-14), no such Income was earned.
The Board of Directors of the company is also concerned about the shareholder’s interest in the fact in 2013-14 the Board recommends @ 15% cash and @ 5% Bonus dividend for all its ordinary Shareholders. 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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