The New Nation - Internet Edition

Nation Business Report

The 22nd annual general meeting for the financial year 2007-2008 of Jalalabad Gas Transmission and Distribution System Limited, Sylhet was held on November 23 last at a hotel in the city. It was presided over by the Chairman of the Board of Directors of the company Md Ataur Rahman, joint secretary, Energy & Mineral Resources Division. The audited accounts of the company was also approved in the meeting.

The shareholders and the directors present in the meeting were informed that the company earned a total revenue of Tk 309.27 crore, which includes sales revenue of Tk 294.53 crore and other income of Tk 14.74 crore. The company earned a pre-tax profit of Tk 31.43 crore, which is 5.75 percent higher than the preceding year. During the financial year 2007-2008, the company contributed Tk 30.11 crore to the government exchequer in the form of DSL, dividend, income tax and import duty.

The meeting was also informed that the company laid nearly 140 km gas pipeline of different dia during the year under review. The shareholders, directors and other senior officials of the company were also present at the meeting.