It is a broadly described annual report of R.N. Spinning Mills Limited in the year of 2014. During the year under review, the company was able to sell Taka. 308.37 Crore in comparison to Taka. 385.97 Crore of Previous Year. This year’s cost of goods sold was Tk. 2593.01 million as compared to last year’s cost of goods sold of Tk. 2487.07 million. The company has achieved an export turnover of Taka. 3083.74 million during the year ended 31st December 2014. Last year’s turnover was Taka. 3859.75 million. Gross profit earned during the year was Tk.490.73 million as compared to last year’s gross profit of Tk.1372.67 million. The company was able to achieve Net Profit after Tax Tk. 40.87 Crore in comparison to Tk. 128.60 Crore of Previous Year.
The Board of Directors of the company has no recommended any dividend for shareholders at the end of the year 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 R.N. Spinning Mills Limited:
- Annual Report 2009 of R.N. Spinning Mills Limited
- Annual Report 2010 of R.N. Spinning Mills Limited
- Annual Report 2011 of R.N. Spinning Mills Limited
- Annual Report 2012 of R.N. Spinning Mills Limited
- Annual Report 2013 of R.N. Spinning Mills Limited
- Annual Report 2014 of R.N. Spinning Mills Limited
- Annual Report 2015-2016 of R.N. Spinning Mills Limited
