Annual Report 2011 of Khulna Power Company Limited

It is a broadly described annual report of Khulna Power Company Limited in the year of 2011. Khulna Power Company Ltd has earned a consolidated net income of Taka. 8,338 million in the financial year 2011, 54.49 % more than the financial year 2010. In this year, the company exported about 1,202.01 million kWh of electricity and earned the total revenue of Tk.11,262.21 million as compared to7,945.76 million in 2010. During the year 2011, the company has earned a consolidated net profit of Tk. 815.50 million.

The Board recommends a final dividend of @25% for the year 2011 as Bonus Share i.e.1(One) share of Tk.10 each for 4(Four) shares for the General Public Shareholders held on the Record Date and the Sponsors of the Company will not receive any dividend. This is subject to approval by the shareholders at the 14^th 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.

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