It is a broadly described annual report of Khan Brothers PP Woven Bag Industries Limited in the year of 2014. During the year 2013-2014, the company has achieved a total sales turnover of Taka. 1,018,092,975.00 and earned a net profit before tax of Taka 96,386,299.00 by controlling and minimising the operational expenditures compare to sales turnover of Taka. 916,879,628.00 and net profit before tax of Taka. 84,882,900 respectively in the previous year. This reflects a growth of around 9.94% on sales and around 11.93% on net profit before tax.
The Board recommended for the declaration of @10% Bonus Share i.e. 1 share against 10 shares held to all the shareholders for the year ended 30th June 2014, subject to the approval of the shareholders in ensuing Annual General Meeting (AGM). 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.