It is a broadly described annual report of Bangladesh Submarine Cable Company Limited in the year of 2015. The net profit after tax of the Company stands at Taka. 129.06 million during the year ended 30th June 2015. Gross profit Taka. 279,302,944. Operating profit Taka. 70,811,008. Profit before taxation Taka. 138,990,693. The company received Taka. 108.5 Crore proceeds from IPO and spent Taka. 5.17 Crore for IPO expenses. The remaining amount of Taka. 103.33 Crore has been utilized for payment of the 1st installment of SEA-ME-WE-5 Project which was approved by the shareholders.
The Board of Directors of BSCCL, proposed stock dividend 10% on the paid-up capital for the year 2014-2015. This dividend is subject to final approval by the shareholders at the forthcoming Annual General Meeting (AGM) of the company. 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 Bangladesh Submarine Cable Company Limited:
- Annual Report 2010 of Bangladesh Submarine Cable Company Limited
- Annual Report 2011 of Bangladesh Submarine Cable Company Limited
- Annual Report 2012 of Bangladesh Submarine Cable Company Limited
- Annual Report 2015 of Bangladesh Submarine Cable Company Limited
- Annual Report 2017 of Bangladesh Submarine Cable Company Limited
