Finance

Annual Report 2011 of Summit Alliance Port Limited

Annual Report 2011 of Summit Alliance Port Limited

It is a broadly described annual report of Summit Alliance Port Limited in the year of 2011. In 2011, The Company’s Total Assets Taka. 6,507,852,092 million. Net asset value per share Tk. 48. During the financial year, The Company’s Total Revenue Tk. 711,610,382 million. Net Operating Profit Tk. 229,848,939 million. Net Profit before taxation Tk. 260,526,588 million. Consolidated net profit of the Company after Tax and minority interest amounted to Tk. 173.5 million for the year under report as compared to Tk. 1,114.7 million of the year 2010. Based on net profit before Capital gain, Earnings per Share for the year under report stood at Tk. 1.42 compared to Tk. 1.27 of last year.

The Board recommends @10% Stock Dividend and @10% Cash Dividend subject to approval by the shareholders at the 08th Annual General Meeting. The dividend proposal is subject to shareholders’ approval at the forthcoming 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 Alliance Port Limited:

  1. Annual Report 2009 of Summit Alliance Port Limited
  2. Annual Report 2010 of Summit Alliance Port Limited
  3. Annual Report 2011 of Summit Alliance Port Limited
  4. Annual Report 2012 of Summit Alliance Port Limited
  5. Annual Report 2013 of Summit Alliance Port Limited
  6. Annual Report 2014 of Summit Alliance Port Limited
  7. Annual Report 2015 of Summit Alliance Port Limited
  8. Annual Report 2016-2017 of Summit Alliance Port Limited