Annual Report 2016 of Titas Gas Transmission and Distribution Company Limited

It is a broadly described annual report of Titas Gas Transmission & Distribution Company Limited in the year of 2016. At present, the authorized and the paid-up capital of the Company are Taka. 2,000.00 and Taka. 989.22 Crore respectively. During FY 2015-16, a total of 16,583.33 MMCM of gas was sold and sales revenue of Tk. 11,203.83 Crore was earned and the total revenue was Tk. 11,317.10 Crore with meter rent & surcharge. Compared to previous year’s revenue of Tk. 8,160.62 Crore, the growth rate in revenue income for the year under review was 38.68%. The Company has earned a net profit before tax and net profit after tax of Tk. 970.02 Crore & Tk. 729.39 Crore respectively during 2015-16 FY. The Company’s net profit before tax and net profit after tax were Tk. 1210.13 Crore & Tk. 888.61 Crore respectively during 2014-15 FY. During the financial year under review, earning per share (EPS) is Tk. 7.37 which was Tk. 8.98 in the year 2014-15.

The Board of Directors of the Company has recommended @20% Cash Dividend for the year ended 2016. 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 Titas Gas Transmission & Distribution Company Limited:

  1. Annual Report 2011 of Titas Gas Transmission and Distribution Company Limited
  2. Annual Report 2012 of Titas Gas Transmission and Distribution Company Limited
  3. Annual Report 2013 of Titas Gas Transmission and Distribution Company Limited
  4. Annual Report 2014 of Titas Gas Transmission and Distribution Company Limited
  5. Annual Report 2015 of Titas Gas Transmission and Distribution Company Limited
  6. Annual Report 2016 of Titas Gas Transmission and Distribution Company Limited
  7. Annual Report 2017 of Titas Gas Transmission and Distribution Company Limited