Annual Report 2014 of Jamuna Oil Company Limited

It is a broadly described annual report of Jamuna Oil Company Limited in the year of 2014. During the year 2013-2014 an amount of Taka. 7772.55 Lakh has been paid to the National Treasury as VAT, Income Tax and other, as against Taka. 7531.63 Lakh in 2012-2013 i.e. an amount of Tk. 240.92 Lakh more than that of the preceding year. In this financial year, 2013-2014 gross income from the sale of petroleum products was Taka. 14,712.12 lath which is higher by Taka. 676.39 Lakh (4.82%) compared to last year. Besides, income from other sources increased by Taka. 3231.18 Lakh due to efficient fund management during this year and as a result net profit before income tax arrived at Taka 30714.42 Lakh in the year 2013-2014 which is higher by Taka. 4314.69 Lakh (16.46%) compared to the year 2012-2013. In the financial year, 2013-2014 net profit after tax was Taka. 23167.80 Lakh as against Taka. 19900.57 Lakh in the year 2012-2013. In the year 2013-2014 net profit after tax increased by Taka. 3267.23 Lakh (16.42%) compared to previous year. During the Financial Year (FY) 2013-2014, company’s sale of petroleum products was 16.41 Lakh M. Ton as against 15.51 Lakh M. Tons in 2012-2013 (FY). So during the FY 2013-2014 company’s overall sale of petroleum products increased by 0.90 Lakh M. Tons (5.79%) in comparison to the previous year.

The Board of Directors is pleased to recommend 90% cash dividend i.e. in Taka. 9.00 per share and 10% Stock Dividend i.e. 10 Shares for every 100 shares of the profit of 2013-2014 Financial Year.

More Annual Report of Jamuna Oil Company Limited:

  1. Annual Report 2013 of Jamuna Oil Company Limited
  2. Annual Report 2014 of Jamuna Oil Company Limited
  3. Annual Report 2015 of Jamuna Oil Company Limited
  4. Annual Report 2016 of Jamuna Oil Company Limited