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Jamuna Oil Company announces 100% cash dividend

  • Published at 11:02 am February 6th, 2017
Jamuna Oil Company announces 100% cash dividend
The declaration was made at the 41st annual general meeting held at Hall-24 area of CRB in Chittagong on Saturday. Chairman of Board of Directors of Jamuna Oil Company and Bangladesh Petroleum Corporation (BPC) Abu Hena Md Rahmatul Muneem presided over the meeting. The company deposited Tk101.99 crore in the National Exchequer as VAT, income tax and other statutory charges in the fiscal year 2015-2016 while the company earned Tk195.90 crore post tax profit. The directors of the board Mohammed Asif-Uz-Zaman, Secretary (In-Charge), Ministry of Primary and Mass Education, BPC’s Director (marketing) Mir Ali Reza, Kazi Jabunnessa Begum, additional secretary (development), Energy and Mineral Resources Division, Mr Abu Yusuf Miah, Deputy Chief of Energy and Mineral Resources division and among others addressed at the meeting. The board of the directors and shareholders expressed their satisfaction on the company’s present activities and financial profit of the company.