It is a broadly described annual report of R.N. Spinning Mills Limited in the year of 2015-2016. During the period under review, the company was able to sell Taka. 352.94 Crore in comparison to Taka. 445.87 Crore of the Previous period. The Cost of goods sold for the 18 months period ended on 30th June 2016 was Tk. 3,617.71 million as compared to the previous same period’s cost of goods sold of Tk. 3,858.31 million. The company has achieved an export turnover of Taka. 3529.40 million during the 18 months period ended 30th June 2016, which was Taka. 4458.70 million in the same of last period. Gross profit earned during the 18 months period ended 30th June 2016 was Tk. 88.30 million as compared to last period’s gross profit of Tk. 600.38 million. The company was able to achieve Net Profit/(Loss) after Tax Tk. 24.98 Crore in comparison to Tk. 46.77 Crore of the Previous period.
The Board of Directors of the company has recommended @20% dividend per share for shareholders at the end of the year 2015-2016. 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.
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
