Finance

Annual Report 2016 of Miracle Industries Limited

Annual Report 2016 of Miracle Industries Limited

It is a broadly described annual report of Miracle Industries Limited in the year of 2016. Overall sales turnover (both local and export) was Taka. 854.79 million during the year 2015-2016 compared to Taka. 663.90 million to that of in the previous year 2014-2015. So, total sales increased by Taka. 190.89 million in the year 2015-2016. The company earned Gross Profit of Tk. 146.22 million during the year 2015-2016 compared to Tk. 115. 16 million in the previous year 2014-2015. During the year the Company earned a Net Profit of Tk. 33.40 million after providing Income Tax compared to the Net profit of Tk. 42.63 million in the previous year.

The Board of Directors has recommended a stock dividend of @8% based on the financials of the company for the year 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 Miracle Industries Limited:

  1. Annual Report 2011 of Miracle Industries Limited
  2. Annual Report 2012 of Miracle Industries Limited
  3. Annual Report 2014 of Miracle Industries Limited
  4. Annual Report 2015 of Miracle Industries Limited
  5. Annual Report 2016 of Miracle Industries Limited