Annual Report 2014 of IDLC Finance Limited

Annual Report 2014 of IDLC Finance Limited

It is a broadly described annual report of IDLC Finance Limited in the year of 2014. During the financial year, The Company’s group operating income expanded a good 32% to Taka. 3,658 million. Simultaneously, the company’s group profit before tax and net profit rose by 65% (to Taka. 2,186 million) and 86% (to Taka. 1,246 million) in 2014. Total portfolio achieving a substantial 121% growth to Taka. 1,578 million and total disbursements growing 104% to Taka. 1,432 million in 2014. Concurrently, The Company’s Earnings Per Share (EPS) increased by 86% to Tk. 6.19 in 2014, up from Tk. 3.33 in 2013. The Company’s profit after tax surged from Tk. 669 million in 2013 to Tk. 1,246 million in 2014, representing a growth of about 86%.

The Company has declared Stock dividend @ 25 % (one Bonus Share for every four Ordinary Shares held) and cash dividend @ 10% (Taka 1 per Share) in 2014 and Stock dividend @ 25% cash dividend @ 5% in 2013, that reflects the Company’s long-term operational viability. 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 IDLC Finance Limited:

  1. Annual Report 2012 of IDLC Finance Limited
  2. Annual Report 2013 of IDLC Finance Limited
  3. Annual Report 2014 of IDLC Finance Limited
  4. Annual Report 2015 of IDLC Finance Limited
  5. Annual Report 2016 of IDLC Finance Limited