It is a broadly described annual report of Tosrifa Industries Limited in the year of 2014. The Company made the contribution of an amount Taka. 30.79 million in the financial year 2014 to the National Exchequer which is 222% more than of previous financial year. In the financial year, 2014 Tosrifa Industries Limited has the contribution of BDT 1,476.84 million which is equal to USD 18.93 million and 56.83% more than of the previous financial year 2013. During the financial year, The Company’s Sales Turnover Tk. 1,476.84 million. Cost of Goods Sold Tk. 1,155.90 million. Gross Profit Tk. 320.94 million. Operating Profit Tk. 162.81 million. Net Profit before Tax Tk. 135.22 million. Net profit after Tax for the year Tk. 104.42 million.
The Board of Directors has recommended Stock Dividend @7% & Cash Dividend @5% from the accumulated retained earnings up-to 31st December 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.
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