It is a broadly described annual report of IT Consultants Limited in the year of 2016. The company contributed an amount of Taka. 89,290,635 million to the National Exchequer against Duties, Taxes towards Software, Hardware imports. The Revenue is Tk. 986,281,850 Growth is 67.10% of 2015-16 against the previous year 2014-15 is Tk. 590,227,256. Net Profit Before Tax for the year was increased Tk. 53,340,684 of the same period of the last year reflection growth is 165% due to the increase in revenue as well as the decrease of operational cost. The growth of Net Profit after Tax is 143%.
The Board of Directors at the time of considering the annual accounts have recommended @15% Stock (Bonus) dividend to be paid to the shareholders out of profit for the year 2015-16, which is to be approved by the shareholders in the forthcoming AGM. 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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