Annual Report 2007 of Information Services Network Limited

It is a broadly described annual report of Information Services Network Limited in the year of 2007. Current year provision for Income Tax has been made at the existing rate of 30% in respect of taxable income. The company has earned a net profit before tax of Taka. 9,739,764.00 (Nine Million Seven Hundred Thirty-Nine Thousand and Seven Hundred Sixty Four only) for the year ended on 31^st December 2007. During the financial year, The Company’s Gross Profit Taka. 17,899,552 million. Other Income Taka. 12,345,870 million. The gross profit earned during the year is 45.93% of operating revenue as against the gross profit earning at 51.42% during the preceding year. Net profit after Tax for the year Taka. 8,793,119 million. The Company has an authorized capital Tk. 500,000,000 divided into 50,000,000 Ordinary Shares of Tk. 10 each.

The Board of Directors is pleased to recommend for the declaration of the stock dividend to shareholders at the rate of @15% for the year ended on the 31^st December 2007. 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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