Annual Report 2016 of Delta Brac Housing Finance Corporation Limited

It is a broadly described annual report of Delta Brac Housing Finance Corporation Limited in the year of 2016. The operating profit for the period was Taka. 1,452.82 million compared to Taka. 1,437.76 million of the same period of last year reflecting a growth of 1.05%. Operating revenue of the Company decreased by 1.78% over the last year’s figure of Taka. 4,568.83 million to Taka. 4,487.31 million in twelve-month of FY 2015-16 due to decreasing interest rate. Interest income has gone down at the rate of 2.25% from the previous year whereas fees income increased by 27.33%. The net operating income stood at Taka. 1,850.94 million compared to last year’s figure of Taka. 1,783.54 million.

The Board of Directors at the time of considering the annual accounts have recommended @ 35% dividend (30% cash and 5% stock i.e. Tk. 3.00 per share as cash dividend and 1 (one) full share against every 20 shares held), for the year ended June 30, 2016 from the distributable profits of the Company, which is to be approved by the shareholders in the forthcoming AGM. 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 Delta Brac Housing Finance Corporation Limited:

  1. Annual Report 2008 of Delta Brac Housing Finance Corporation Limited
  2. Annual Report 2009 of Delta Brac Housing Finance Corporation Limited
  3. Annual Report 2010 of Delta Brac Housing Finance Corporation Limited
  4. Annual Report 2011 of Delta Brac Housing Finance Corporation Limited
  5. Annual Report 2012 of Delta Brac Housing Finance Corporation Limited
  6. Annual Report 2013 of Delta Brac Housing Finance Corporation Limited
  7. Annual Report 2014 of Delta Brac Housing Finance Corporation Limited
  8. Annual Report 2015 of Delta Brac Housing Finance Corporation Limited
  9. Annual Report 2016 of Delta Brac Housing Finance Corporation Limited