It is a broadly described annual report of IT Consultants Limited in the year of 2017. The company contributed an amount of Taka. 61,357,547 million to the National Exchequer against Customs Duties, AIT, VAT, Excise Duties etc. towards Software, Hardware imports and sales. The revenue of the current year (2016-17) has increased Tk. 162,159,718 against the last year 2015-16 Revenue, the growth of revenue of the current year is 16.44%. Net Profit Before Tax for the year has increased Tk. 39,085,047 of the last year reflection growth is 45.63% due to the increase in revenue. The growth of Net Profit after Tax is 24.73%.
The Board of Directors at the time of considering the annual accounts has recommended @6% Cash and @4% Stock (Bonus) dividend to be paid to the shareholders for the year 2016-17, 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.
More Annual Report of IT Consultants Limited:
