It is a broadly described annual report of Shinepukur Ceramics Limited in the year of 2014. SCL paid over Taka 77.563 million in the form of VAT & Income tax in 2014 which was Taka 76.991 million in 2013. During the year the company earned export sales of Tk. 1,235.608 million as against Tk. 1,540.952 million in 2013. The company earned Tk. 442.049 million from local sales in 2014, almost 3 times higher than that of the previous year. Overall revenue including other income earned in 2014 was Tk. 1,700.284 million, only -0.26% less than 2013, which was Tk. 1,704.686 million. As a result, the company earned the net profit before tax Tk. 21.798 million (compared to last year loss of Tk. 46.912 million). But the company has to account for short provisions for Income tax expenses of earlier years which turned the profit to the net loss of Tk. 2.336 million. Although EPS in 2014 was negative (Tk. -0.02 per share), yet it was better compared to 2013 when it was Tk. -0.39 per share.
The Directors recommended no dividend for the year as the Company incurred loss and there are no available retained earnings for declaring the dividend. 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 Shinepukur Ceramics Limited:
- Annual Report 2008 of Shinepukur Ceramics Limited
- Annual Report 2009 of Shinepukur Ceramics Limited
- Annual Report 2010 of Shinepukur Ceramics Limited
- Annual Report 2011 of Shinepukur Ceramics Limited
- Annual Report 2012 of Shinepukur Ceramics Limited
- Annual Report 2013 of Shinepukur Ceramics Limited
- Annual Report 2014 of Shinepukur Ceramics Limited
- Annual Report 2016 of Shinepukur Ceramics Limited
- Annual Report 2017 of Shinepukur Ceramics Limited
