It is a broadly described annual report of M.I. Cement Factory Limited in the year of 2014. During the accounting year ended 30 June 2014, The Company has contributed Taka. 1,969,838,314 to the National Exchequer In the form of Corporate Tax, Customs Duty, VAT etc. The accounting year ended on 30 June 2014 was another successful year for the company. The current year’s turnover was Taka. 7,590.64 million as against Taka. 6,829.70 million of the last years, resulting 17% growth n the current year compared to the previous year. The Gross Profit grew by 14.60% that meant to a good leap from Taka 1,098.52 million to Taka. 1,258.92 million. Again, the current year’s Net Profit after Tax was Tk. 674.39 million as against Tk. 665.37 million of the last year. The Cost of Coals Sold for the year ended 30 June 2014 is Taka. 6,731.73 million as against Taka. 5,731.17 million for the Corresponding year.
The Board of Directors is pleased to recommend a cash dividend of @30% i.e. Tk. 3.00 for each Ordinary Share of Tk. 10.00 for the year ended 30 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.
More Annual Report of M.I. Cement Factory Limited:
- Annual Report 2011 of M.I. Cement Factory Limited
- Annual Report 2012 of M.I. Cement Factory Limited
- Annual Report 2013 of M.I. Cement Factory Limited
- Annual Report 2014 of M.I. Cement Factory Limited
- Annual Report 2015 of M.I. Cement Factory Limited
- Annual Report 2016 of M.I. Cement Factory Limited
- Annual Report 2017 of M.I. Cement Factory Limited
