Monday, 24 January, 2022
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BAPEX holds AGM

BAPEX holds AGM

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Bangladesh Petroleum Exploration and Production Company Limited (BAPEX) organised the 29th annual general meeting of the company at Radisson Blu Dhaka Water Garden in the capital on Wednesday.

The shareholders and members of board of director of the company attended the meeting, said a press release.

Abu Hena Md Rahmatul Muneem, Chairman of BAPEX board and Secretary, Energy and Mineral Resources Division presided over the AGM.

The audited accounts for the fiscal year 2017-2018 of the company were approved by the shareholders at AGM.

During the financial year total income and expenditure of the company was Tk 264.75 crore and Tk 365.10 crore respectively.

The net loss of the company was Tk 102.01 crore after transferring of minimum income tax amounting of Tk 1.66 crore.