It is a broadly described annual report of The Peninsula Chittagong Limited in the year of 2016. In 2016, The Company has reported BDT. 300.26 Million Sales compared to BDT. 343.07 Million of previous year. Although company’s revenue has decreased by 12.48% over the year. The company’s cash balances amounted to BDT. 24,790,776 Crore at the year-end. During the year, The Company’s Turnover Tk. 30.02 Crore, Gross Profit Tk. 12.50 Crore, Profit from Operation Tk. 6.95 Crore, Net Profit before Tax Tk. 15.37 Crore, Net Profit after Tax Tk. 9.98 Crore, EPS 0.84 due to effective Cost Control measures and good governance of Management and HOD’s. Authorized capital and paid up capital of the Company stood at Taka. 300.00 Crore and Taka. 118.66 Crore respectively in 2016.
The Board of Directors of the Company is pleased to recommend the dividend @ 10% in cash for the year 2015-2016. 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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