It is a broadly described annual report of Summit Power Limited in the year of 2005. The company’s total revenue from the above sale in 2005 was Tk. 521.04 million as against Tk. 483.96 million in the year 2004, representing a growth of 7.60%. The company’s net current assets of the year Taka. 180,150, 316 million. The net profit of Tk. 174.21 million reflects a growth of 27% over the last year.
The Board of Directors has recommended @10% cash dividend (Tk.10 per ordinary share) and @10% stock dividend (one share for every 10 shares held) on 6,500,000 ordinary shares of Tk. 100 each for the year ended 31st December 2005 subject to approval by the shareholders at the 9th 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 Summit Power Limited:
- Annual Report 2005 of Summit Power Limited
- Annual Report 2006 of Summit Power Limited
- Annual Report 2007 of Summit Power Limited
- Annual Report 2008 of Summit Power Limited
- Annual Report 2009 of Summit Power Limited
- Annual Report 2010 of Summit Power Limited
- Annual Report 2011 of Summit Power Limited
- Annual Report 2012 of Summit Power Limited
- Annual Report 2013 of Summit Power Limited
- Annual Report 2014 of Summit Power Limited
- Annual Report 2015 of Summit Power Limited
- Annual Report 2016-2017 of Summit Power Limited
