It is a broadly described annual report of Zahintex Industries Limited in the year of 2016. In 2016, The Company’s Gross Profit Tk. 292,888,311 million Operating Profit of Tk. 263,575,838 million. Profit before Tax Tk. 105,637,037 million. During the financial year, The Company’s Sales Turnover/Exports is Tk. 1,627.26 million out of which after meeting up all costs including Corporate Income Tax The net profit for the year is Tk. 92.32 million which is 5.67% of total Sales Revenue. As a result, Earning per Share (EPS) has moved up to Tk. 1.34.
The Board of Directors is pleased to recommend @7% cash dividend (except Sponsor/Director Shareholder) and @8% stock dividend for all Shareholders 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.
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