It is a broadly described annual report of Hatton National Bank Limited in the year of 2004. During the financial year, Total assets of the Bank were Rs. 152.8 billion in 31st December 2004 up 15% from Rs. 133.3 billion in 2003. The Bank in achieving an encouraging growth of 17% in total deposits reaching Rs. 118.5 billion. This was an increase of Rs. 17 billion from the corresponding year’s Rs. 101 billion. In 2004, the bank posted a pre-tax profit of Rs. 950 million, compared to Rs. 1,092 million made in the year 2003. The post-tax profit was Rs. 976 million compared to Rs. 1,008 million made in the previous year. Basic Earnings per share decreased from Rs. 13.69 in 2003 to Rs. 12.51 in 2004, a decline of 9%.
The Board of Directors of the Bank has recommended a 15% (2003-20%) Final Dividend to be paid on 6th April 2005 to holders of Issued and paid up Ordinary shares of the Company as at the close of business on 24th March 2005. This Dividend together with the Interim Dividend of 20% (2003 – 20%) paid on 28th December 2004 amount to a total dividend of 35% (2003- 40%) for the year 2004.
More Annual Report of Hatton National Bank Limited:
- Annual Report 2004 of Hatton National Bank Limited
- Annual Report 2005 of Hatton National Bank Limited
- Annual Report 2006 of Hatton National Bank Limited
- Annual Report 2007 of Hatton National Bank Limited
- Annual Report 2008 of Hatton National Bank Limited
- Annual Report 2009 of Hatton National Bank Limited
- Annual Report 2010 of Hatton National Bank Limited
- Annual Report 2011 of Hatton National Bank Limited
- Annual Report 2012 of Hatton National Bank Limited
- Annual Report 2013 of Hatton National Bank Limited
- Annual Report 2014 of Hatton National Bank Limited
- Annual Report 2015 of Hatton National Bank Limited
- Annual Report 2016 of Hatton National Bank Limited
- Annual Report 2017 of Hatton National Bank Limited
