It is a broadly described annual report of Zaheen Spinning Limited in the year of 2015-2016. In this period, the cost of production is Tk. 1,096,348,740.00 compared to previous period’s cost of production is Tk. 1,059,140,434.00. In this period the gross profit margin of the Mill is Tk. 231,927,543.00 (which is 17.46%) as against Tk. 192,148,172.00 (Which is 15.36 %) of previous period. In this period the consolidated net profit margin after provision for tax is Tk. 147,065,874.00 (Which is 11.07%) as against Tk. 143,702,672.00 (which is 11.48%) of previous period.
The Board of Directors has decided to recommend @15% stock share as dividend for the year ended 31st December 2015. No dividend declared for 6 months period ended on 30th June 2016. 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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