It is a broadly described annual report of Jute Spinners Limited in the year of 2015. The company incurred a net loss of Taka. 33,465,394 during the year ended 30 June 2015 and the accumulated loss of the company as on June 30, 2015, stands at Taka. 195,799,879. During this financial year, The Company’s Total Revenue Taka. 5,500.07 million. Gross Profit Taka. 804.09 million. Operating Profit/(Loss) Taka. 247.11 million. The company earned Taka. 462,916,674 (US$ 5,994,078) in foreign currency through export in 2015. The shares are listed on Dhaka Stock Exchange Ltd. and quoted at Tk. 53.00 on 30 June 2015 (Face value Tk. 10.00) (2014 – Tk. 64.90 (Face value Tk. 10.00).
The Board of Directors regrets that no recommendation for payment of any Dividend could be made due to the fact that the Company could not make the profit for the year. 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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