It is a broadly described annual report of Dhaka Electric Supply Company Limited (DESCO) in the year of 2014. During the financial year, The Company’s Total Operating Revenue Taka. 24,725,086,093 million. Gross Profit Taka. 662,539,857 million. Operating Profit/Loss Taka. 673,010,327 million. Net Profit after Tax for the year Taka. 668,638,320 million. The shareholder’s equity increased from Tk. 10,766 million last year to Tk. 11,296 million. Considering sales at Tk. 24,610 million and collection at Tk. 24,740 million, the billing collection ratio works out to 100.53% and the Collection/Import (C.I.) ratio to 92.07% this financial year.
Based on the performance of the Company, the Board of Directors recommends @5% cash dividend and @10% stock dividend (i.e. 1 bonus share for every 10 shares held on Record Date) for the financial year 2013-14. 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 Dhaka Electric Supply Company Limited (DESCO):
- Annual Report 2007 of Dhaka Electric Supply Company Limited
- Annual Report 2008 of Dhaka Electric Supply Company Limited
- Annual Report 2009 of Dhaka Electric Supply Company Limited
- Annual Report 2010 of Dhaka Electric Supply Company Limited
- Annual Report 2011 of Dhaka Electric Supply Company Limited
- Annual Report 2012 of Dhaka Electric Supply Company Limited
- Annual Report 2013 of Dhaka Electric Supply Company Limited
- Annual Report 2014 of Dhaka Electric Supply Company Limited
- Annual Report 2015 of Dhaka Electric Supply Company Limited
- Annual Report 2016 of Dhaka Electric Supply Company Limited
- Annual Report 2017 of Dhaka Electric Supply Company Limited
