It is a broadly described annual report of Simtex Industries Limited in the year of 2016. In 2016, The Company’s Total Assets Taka. 1,870,124,671 million. Total Equity and Liabilities Taka. 1,870,124,671 million. Net Assets value (NAVs) per share Tk. 23.29. During the financial year, The Company’s Turnover Tk. 1,380,435,126 million. Cost of Goods Sold Tk. 1,067,347,378 million. Gross Profit Tk. 313,087,747 million. Other Income/Loss Tk. 14,556,431. Net Profit before Tax Tk. 159,629,252 million. Net Profit after Tax for the year Tk. 128,828,447 million. The Company’s Earnings per Share (EPS) Tk. 2.54.
The Board of Directors in their meeting held on 05th September 2016 recommends @20% cash dividend & @2% stock dividend to existing share held at the record date for the year ended 30th June 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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