It is a broadly described annual report of Premier Cement Mills Limited in the year of 2014. PCML has been maintaining the provision for taxation @ 27.5% as per Income Tax Ordinance, 1984. The Company also enjoys tax exemption on export sales as per Sixth Schedule (Section 28) of ITO 1984. In the year ended 30 June 2014, PCML’s sales revenue stood at BDT 7,539 million, which was 17.50% higher than that of the previous year’s amount. On June 30, 2014, the Company earned BDT 509 million as consolidated net profit after tax and has retained earnings of BDT 1,162 million.
The Board of Directors in its meeting dated 28th October 2014 recommended cash dividend of 30 percent, i.e. BDT 3 against BDT 10 per share for the year 2013-2014. 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 Premier Cement Mills Limited:
- Annual Report 2010 of Premier Cement Mills Limited
- Annual Report 2011 of Premier Cement Mills Limited
- Annual Report 2012 of Premier Cement Mills Limited
- Annual Report 2013 of Premier Cement Mills Limited
- Annual Report 2014 of Premier Cement Mills Limited
- Annual Report 2015 of Premier Cement Mills Limited
- Annual Report 2016 of Premier Cement Mills Limited
- Annual Report 2017 of Premier Cement Mills Limited