Finance

Annual Report 2017 of Intech Limited

Annual Report 2017 of Intech Limited

It is a broadly described annual report of Intech Limited in the year of 2017. During the financial year, The Company’s Total Turnover Tk. 127,162,769 million. Gross Profit Tk. 63,087,115 million. Profit after tax for the year Taka. 27,856,869 million. The Cost of Goods and Services Sold in 2016-2017 amounted to 50% of Revenue, thereby resulting in Gross Profit Margin of 50%. This is fairly consistent with 46% Gross Profit Margin in 2015 – 2016.

The Board of Directors has the pleasure to recommend @10% Stock Dividend (10 Bonus Shares for every 100 shares held) for 2016-2017. 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.