It is a broadly described annual report of Jamuna Oil Company Limited in the year of 2015. During the year 2014-2015 an amount of Taka. 7865.09 Lakh has been paid to the National Treasury as VAT, Income Tax, and others. It was Taka. 7772.55 Lakh in 2013-2014 i.e. an amount of Tk. 92.54 Lakh more than that of the preceding year. In this financial year, 2014-2015 gross income from the sale of petroleum products of the company was Taka. 17,330 Lakh which is higher by Taka. 2,618 Lakh 17.79% compared to last year. Net profit before income tax arrived at Taka. 29,992 lakh during the year under review which is lower by Taka. 722 lakh (2.35%) compared to the year 2013-2014. In the financial year, 2014-2015 net profit after tax was Taka. 22,532 Lakh as against Taka. 23,168 Lakh in the year 2013-2014. In the year 2014-2015 net profit after tax decreased by Taka. 636 lakh (2.74%) compared to previous year. Operating profit in the year 2014-2015 achieved at Taka. 11,667 Lakh as against last year’s figure of Taka. 11,122 Lakh i.e. rate of increase is 4.90% from previous year. During the Financial Year (FY) 2014-15, company’s sale of petroleum products was 16.34 Lakh M. Ton as against 16.40 Lakh M. Tons in 2013-2014 (FY). During the FY 2014-2015 company’s overall sale of petroleum products decreased by 0.06 Lakh M. Tons (0.38%) in comparison to the previous year.
The Board of Directors is pleased to recommend 100% cash dividend i.e. @ Tk. 10.00 per share of the profit of 2014-2015 Financial Year. As on 30th June 2015, JOCL won 5,33,52,295 shares of Taka. 10.00 each and market value of the shares is Taka. 576.74 Crore as on 30th June 2015 at Taka. 108.10 per share (as per the market value of 30-06-2015).
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