It is a broadly described annual report of United Power Generation & Distribution Company Limited in the year of 2013. During the year 2013, the Company’s net profit amounted to Taka. 1,774.43 Million as compared to Taka. 2,020.48 Million in the year 2012. Gross profit Taka. 2,357,483,141. During the year underreporting, access to electricity has been raised from 47% to 62% (including renewable energy) and per capita, electricity generation improved significantly, from 220 kWh to 321 kWh. About 3.45 million people have newly been connected and distribution system losses reduced from 15.67% to 12.03%. During the year 2013, the company’s power plants exported 624.317 million units (kWh) to its clients as compared to 598.019 million units (kWh) in 2012 representing an overall growth of 4.4% in export. The average capacity utilization of both the plants was 79%.
The Board recommends a cash dividend of 35% (i.e. Taka 3.50 per share of Taka 10.00 each) for the year 2013, subject to approval by the shareholders at the Annual General Meeting. These financial statements are presented in Bangladesh Taka (Taka/Tk/BDT) which is both functional currency and presentation currency of the Company.
More Annual Report of United Power Generation & Distribution Company Limited:
- Annual Report 2013 of United Power Generation and Distribution Company Limited
- Annual Report 2014 of United Power Generation and Distribution Company Limited
- Annual Report 2016 of United Power Generation and Distribution Company Limited
- Annual Report 2017 of United Power Generation and Distribution Company Limited
