Finance

Annual Report 2017 of Dhaka Electric Supply Company Limited

Annual Report 2017 of Dhaka Electric Supply Company Limited

It is a broadly described annual report of Dhaka Electric Supply Company Limited (DESCO) in the year of 2017. During the financial year, The Company’s Total Operating Revenue Taka. 34,012,267,889 million. Gross Profit Taka. 2,477,009,380 million. Operating Profit/Loss Taka. 287,838,064 million. Net Profit after Tax for the year Taka. 175,813,664 million. Considering sales at Tk. 33,277.565 million and collection at Tk. 33484.861 million, the billing collection ratio works out at 100.62% and the Collection/Import (C.I.) ratio to 93.33% this financial year.

Based on the performance of the Company, the Board of Directors recommends @10% cash dividend for the financial year 2016-17. Since listing with the exchanges the company paid the dividend to its valued shareholders on regular basis. 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 Dhaka Electric Supply Company Limited (DESCO):

  1. Annual Report 2007 of Dhaka Electric Supply Company Limited
  2. Annual Report 2008 of Dhaka Electric Supply Company Limited
  3. Annual Report 2009 of Dhaka Electric Supply Company Limited
  4. Annual Report 2010 of Dhaka Electric Supply Company Limited
  5. Annual Report 2011 of Dhaka Electric Supply Company Limited
  6. Annual Report 2012 of Dhaka Electric Supply Company Limited
  7. Annual Report 2013 of Dhaka Electric Supply Company Limited
  8. Annual Report 2014 of Dhaka Electric Supply Company Limited
  9. Annual Report 2015 of Dhaka Electric Supply Company Limited
  10. Annual Report 2016 of Dhaka Electric Supply Company Limited
  11. Annual Report 2017 of Dhaka Electric Supply Company Limited