It is a broadly described annual report of United Power Generation & Distribution Company Limited in the year of 2016-2017. Total Revenue for the year ended 30th June 2017 generated out of the sale of electricity (BDT 5,744.57 million) and steam (BDT 14.67 million) had 10% growth over the previous twelve months. During the financial year, The Company’s Gross Profit Tk. 4,031,951,209 million. Operating profit Tk. 3,988,042,611 million. Profit before income tax Tk. 4,177,607,183 million. Net profit after Tax for the year/period Tk. 4,174,964,389 million. The net profit margin for the reporting period stands at 72.49% which is a 3.82% increase from the previous reporting period.
The Board of Directors in its 81st Meeting held on 27th November 2017 have recommended Cash Dividend @ 90% per share of Taka 10 each aggregating to Taka 3,266,502,282 and Stock Dividend @ 10%, i.e. 1 (one) bonus share for every 10 (ten) ordinary shares of Taka 10 each aggregating to Taka 3,629,446,980 for the year ending 30th June 2017. 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 United Power Generation & Distribution Company Limited:
- Annual Report 2013 of United Power Generation and Distribution Company Limited
- Annual Report 2014 of United Power Generation and Distribution Company Limited
- Annual Report 2016 of United Power Generation and Distribution Company Limited
- Annual Report 2017 of United Power Generation and Distribution Company Limited
