Annual Report 2017 of Delta Spinners Limited

It is a broadly described annual report of Delta Spinners Limited in the year of 2016-17. During the financial year, The Company’s Total Turnover Taka. 1,077,548 million. Cost of Goods Sold Taka. 921,169 million. Gross Profit Taka. 156,378 million. Net profit after tax for the year Taka. 43,716 million. The Company invested Tk. 15.58 Crores towards Balancing, Modernization and Replacement till 30th June 2017, out of Rights Issue Fund.

The Board of Directors proposed @10% Stock Dividend for all the shareholders of the Company for the year 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.