Annual Report 2013 of Delta Brac Housing Finance Corporation Limited

It is a broadly described annual report of Delta Brac Housing Finance Corporation Limited in the year of 2013. The operating profit for the period was Taka. 1,131.61 million compared to Taka. 869.45 million of the same period of last year reflecting a growth of 30%. The Company has made PBT of Taka. 1,008.67 million for the reviewed period ended on June 30, 2013, as against the previous year’s figure of Taka. 764.70 million with a growth of 32%. Operating revenue of the Company increased by 24% over the last year’s figure of Taka. 3,604.43 million to Taka. 4,453.51 million in twelve-month of FY2012-13. Interest income has grown at the rate of 23% from the previous year. Net operating income of the Company has increased by 26% from the corresponding period of last year. As a result, the net operating income stood at Taka. 1,416.53 million compared to last year’s figure of Taka. 1,128.65 million.

The Board of Directors at the time of considering the annual accounts have recommended @ 25% cash dividend to be paid to the shareholders out of the profit of the year 2012-13, which is to be approved by the shareholders in the forthcoming AGM. 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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