Finance

Annual Report 2016 of Dhaka Electric Supply Company Limited

Annual Report 2016 of Dhaka Electric Supply Company Limited

It is a broadly described annual report of Dhaka Electric Supply Company Limited (DESCO) in the year of 2016. During the financial year, The Company’s Net profit was Tk. 44.61 Crore last year whereas the profit of previous year was Tk. 163 Crore. The EPS is Tk. 1.12, Net Asset Value per share Tk. 37.04 and Net Operating Cash Flow per Share Tk. 8.23 for last financial as against Tk. 4.11, Tk. 32.53 and Tk. 7.88 respectively for the previous financial year. Considering sales at Tk. 31,478.24 million and collection at Tk. 31,900.05 million, the billing collection ratio works out at 101.34% and the Collection/Import (C.I.) ratio to 93.21% this financial year.

Based on the performance of the Company, the Board of Directors recommends @10% cash dividend for the financial year 2015-16. 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