Annual Report 2007 of Hatton National Bank Limited

It is a broadly described annual report of Hatton National Bank Limited in the year of 2007. During the financial year, Total Assets of the Bank increase of 18.8% year on year was registered in 2007 leading to Total Assets reaching Rs. 233 Billion. The Bank’s Deposits recorded a year on year increase of 5.7% to reach Rs. 53.6 Billion. The Turnover/Gross Income of the Group for 2007 was Rs. 31,945,777,000/- (2006 – Rs. 23,213,724,000/-). The Bank with a 36.1% year on year increase recorded its highest ever post-tax profit this year of Rs. 3.0 Billion. The true impact of the year on year growth in pre-tax profits of 43.6% is negated by taxation, accounting for Rs. 1.3 Billion this year in comparison with Rs. 0.8 Billion last year. Profit before tax was at a record Rs. 4.3 Billion compared with Rs. 3 Billion last year.

The Board of Directors of the Bank has recommended a final dividend of Rs. 3.50 per ordinary share. Dividend payment for 2007 will be Rs. 824.3 million, reflecting a growth of @40% over 2006.

More Annual Report of Hatton National Bank Limited:

  1. Annual Report 2004 of Hatton National Bank Limited
  2. Annual Report 2005 of Hatton National Bank Limited
  3. Annual Report 2006 of Hatton National Bank Limited
  4. Annual Report 2007 of Hatton National Bank Limited
  5. Annual Report 2008 of Hatton National Bank Limited
  6. Annual Report 2009 of Hatton National Bank Limited
  7. Annual Report 2010 of Hatton National Bank Limited
  8. Annual Report 2011 of Hatton National Bank Limited
  9. Annual Report 2012 of Hatton National Bank Limited
  10. Annual Report 2013 of Hatton National Bank Limited
  11. Annual Report 2014 of Hatton National Bank Limited
  12. Annual Report 2015 of Hatton National Bank Limited
  13. Annual Report 2016 of Hatton National Bank Limited
  14. Annual Report 2017 of Hatton National Bank Limited