It is a broadly described annual report of Navana CNG Limited in the year of 2013. During the year, The Company’s total revenue stood at Taka. 142.35 Crore. Apart from above, Tk.20.00 Crore has been set up as the sales target for Navana Welding Electrode Limited and Tk.10.00 Crore for Navana Engineering Limited totaling Tk. 30.00 Crore. Therefore, total sales target for Navana CNG Limited along with it’s two fully owned subsidiary companies stands at Tk. 190.00 Crore. Gross Profit Taka. 526,773,279 Crore. Operating Profit Taka. 299,451,028 Crore. Net Profit after Tax for the year Taka. 230,943,961 Crore.
The Board of Directors has recommended @20% stock dividend (1 bonus share for every 5 shares held) for the shareholders for the year ended 31st March 2013 (subject to the approval in the forthcoming AGM) whose names will appear in the share register of the Company and/or Depository Register of CDBL as on Record Date, i.e., 19 August 2013. 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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