It is a broadly described annual report of Shahjibazar Power Company Limited in the year of 2015. As of June 30. 2015 the company has contributed Taka. 111.13 Million as income tax and the subsidiary of the company has added Taka. 580.50 Million in the form of the VAT to the national exchequer. During the financial year, total revenue was increased by 62% amounting BDT 9,182.11 Million with an increase in gross margin by 43% amounting BDT 1,65439 Million. Net profit of the company with its subsidiary stands at Taka. 1,031.80 Million. PRL has sold around 119.35 Million Liter of the different grade of products Including Octane, MS, and HSO garnering revenue of Taka. 7.642.65 Million. In the fiscal year 2014-2015 the company has contributed a total of 593.039.904 KWh to the national grid as compared to 543.251.043 of the Fiscal Year 2013-2014.
The Board recommends a final cash dividend of 28% and also a 3% stock dividend for the year 2015 i.e 3 (Three) Ordinary shares of Taka. 10 each for 100 shares held on the record date, subject to approval by the shareholders at the 8th Annual General Meeting. 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.
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