It is a broadly described annual report of National Housing Finance and Investment Limited in the year of 2016. In 2016, National Housing’s total investment stood at Taka. 331.00 Crore, Taka. 60.00 Crore up from investment of Tk. 271.00 Crore in 2015, representing a rate of increase of 22%. The total portfolio of the Company reached to Tk. 9,042.05 million from Tk. 7,393.31million during 2016, registering a growth rate of 22.30%. The operating income during the period was BDT 603.37 million representing an increase of 9.06% upon that of the year 2015. Net interest income Tk. 562.36 million. Profit before tax Tk. 417.83 million. NHFIL has earned a net profit after tax of Tk. 243.74 million as against Tk. 230.96 million in the previous year. The earnings per share (EPS) stood at 2.29 in 2016 as against 2.17 in 2015.
The Board of Directors recommended a @18% Cash Dividend i.e. Tk. 1.80 for each share for the year ended 31st December 2016, subject to approval at the 18th 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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