It is a broadly described annual report of Titas Gas Transmission & Distribution Company Limited in the year of 2012. At present, the authorized and the paid-up capital of the company is Taka. 2,000.00 and Taka. 942.12 Crore respectively. In 2012, The Company a total of 13,600.96 MMCM of gas was sold and sales revenue of Tk. 7,071.15 Crore was earned. Compared to previous year’s revenue of Tk. 6,781.37 Crore, the growth rate in sales revenue for the year under review was 4.27%. Titas Gas has earned a pre-tax profit of Tk. 1,201.17 Crore during FY 2011-12 which was Tk. 1233.14Ccrore during FY 2010-11. The Company’s net profit after tax during FY 2011-12 was Tk. 891.21 Crore. In the year 2010-11, the net profit after tax of the company was Tk. 917.75 Crore. The annual rate of return on fixed assets of the year under review was 81.33% as against 82.27 % in the year 2010-11.
The Board of Directors of the Company has recommended @30% Cash and @5% Stock Dividend for the year ended 2012. 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 Titas Gas Transmission & Distribution Company Limited:
- Annual Report 2011 of Titas Gas Transmission and Distribution Company Limited
- Annual Report 2012 of Titas Gas Transmission and Distribution Company Limited
- Annual Report 2013 of Titas Gas Transmission and Distribution Company Limited
- Annual Report 2014 of Titas Gas Transmission and Distribution Company Limited
- Annual Report 2015 of Titas Gas Transmission and Distribution Company Limited
- Annual Report 2016 of Titas Gas Transmission and Distribution Company Limited
- Annual Report 2017 of Titas Gas Transmission and Distribution Company Limited
