It is a broadly described annual report of Premier Cement Mills Limited in the year of 2017. During the financial year, The Company net profit after tax has been decreased from Tk. 691.11 Million to Tk. 562.01 Million. In FY 2016-17 COGS is 83.6% of revenue whereas it was 78.8% of last year’s revenue. As a result, the Gross Profit Margin decreased to 16.4% compared to last year 21.20%. The Gross profit stood at Taka. 1,698.29 million compared to Taka. 1,988.21 in 2015-2016. Due to the increase in the operational cost in 2016-17, Net Profit Margins has also decreased by 18.68% Compare to last year. It stood at Taka. 562.01 million in 2016-2017 whereas it was Taka. 691.15 million in last year which is 5.44% and 7.40% of revenue respectively.
The board of Directors proposed @20% cash dividend i.e. Tk. 2.00 per ordinary share of Tk. 10.00, each of which is being placed in the Annual General Meeting. 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 Premier Cement Mills Limited:
- Annual Report 2010 of Premier Cement Mills Limited
- Annual Report 2011 of Premier Cement Mills Limited
- Annual Report 2012 of Premier Cement Mills Limited
- Annual Report 2013 of Premier Cement Mills Limited
- Annual Report 2014 of Premier Cement Mills Limited
- Annual Report 2015 of Premier Cement Mills Limited
- Annual Report 2016 of Premier Cement Mills Limited
- Annual Report 2017 of Premier Cement Mills Limited
