Annual Report 2016 of LankaBangla Finance Limited

It is a broadly described annual report of LankaBangla Finance Limited in the year of 2016. During the year 2016 consolidated profit after tax of the Company stood at BDT 795.64 million against BDT 420.93 million in the previous year registering an 89.02% growth over 2015. The Company’s standalone net profit after tax increased to BDT 1,072.05 million which is 4.08% higher over the year 2015. The Company’s consolidated investment portfolio has reached to BDT 57,462 million at the end of 2016 which was BDT 47,212 million at the end of 2015 showing 21.71% growth. LBFL’s Earning per Share stood at BDT 3.87 per share for the year 2016 compared to BDT 3.72 per share of the previous year.

The Board of Director in its 103^rd Meeting held on 13^th February 2017 has recommended to the shareholders @15% of Stock Dividend and @15% of Cash Dividend for the year ended 31^st December 2016. 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.

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