Annual Report 2017 of Envoy Textiles Limited

It is a broadly described annual report of Envoy Textiles Limited in the year of 2017. In the FY 2016-17, the Company’s recorded revenue of BDT 6,078.74 million as compared to BDT 6,338.37 million (annualized) in the previous year, translating to a 4.10 % decrease in revenue. The Company’s financial performance in 2016-17 was broadly satisfactory; with increasing NAV by 2.35% to Tk. 38.51. However, Net Profit after tax of BDT 321.18 million was 31.85% lower than that attained in 2015-16. Net income attributable to Shareholders amounted to Taka 321.18 million, Earnings per Share (EPS) consequently amounted to Taka. 2.05 in Financial Year 2016-2017.

The Board recommended Cash Dividend @ 7% (i.e. Taka 0.70 per share of Taka 10.00 each) and Stock Dividend @ 5% (i.e. 5 Bonus Shares for every 100 ordinary shares held) for the year ended 30 June 2017. 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 Envoy Textiles Limited:

  1. Annual Report 2012 of Envoy Textiles Limited
  2. Annual Report 2013 of Envoy Textiles Limited
  3. Annual Report 2014 of Envoy Textiles Limited
  4. Annual Report 2015 of Envoy Textiles Limited
  5. Annual Report 2016 of Envoy Textiles Limited
  6. Annual Report 2017 of Envoy Textiles Limited