It is a broadly described annual report of Square Textiles Limited in the year of 2016. The Company contributed an amount of Tk. 170.10 million during the period to the National Exchequer. The Company contributed substantially to the Foreign Exchange Reserve of the Country during 2016 through its export marketing operation, this amounted to Tk. 3,167.08 million. During the financial year 2015-2016, The Company’s Total Sales BDT 7.581.72 million. Gross Profit BDT 1,195.33 million. Net Profit BDT 744.08 million. Earning Per Share BDT 4.57. Net Assets Value BDT 5,607.07 million. The overall turnover decreased by 1.55% in 2015-16 over 2013-14, as against decrease in sales unit by 0.59% in 2015-16 over 2013-14.
The Board of Directors recommended the appropriation of the net profit earned for the 18 months period ended June 30, 2016 in the Provision for proposed cash dividend for the 18 months period ended June 30,2016 @25% (Tk. 2.50 per share) and Provision for Stock Dividend (Bonus Share) @10% (in the ratio of 10:100). 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 Square Textiles Limited:
- Annual Report 2009 of Square Textiles Limited
- Annual Report 2010 of Square Textiles Limited
- Annual Report 2011 of Square Textiles Limited
- Annual Report 2012 of Square Textiles Limited
- Annual Report 2013 of Square Textiles Limited
- Annual Report 2014 of Square Textiles Limited
- Annual Report 2016 of Square Textiles Limited
- Annual Report 2017 of Square Textiles Limited
