The 21st Annual General Meeting of LankaBangla Finance Limited was held on March 29, 2018 at MIDAS Center. Chairman of the company Mr. Mohammad A. Moyeen, presided over the meeting and welcomed the Hon’ble Shareholders present in the AGM.
The Shareholders have approved the Audited Financial Statements of the Company for the year ended December 31, 2017 and 15.00% dividend out of which 7.50% cash dividend and 7.50% stock dividend.
Among others, Directors of the Board including Mr. Mahbubul Anam, Mr. I. W. Senanayake, Mrs. Zaitun Sayef, Mr. Khwaja Shahriar, Managing Director & CEO, Mr. Mostafa Kamal FCA, Company Secretary and other senior officials attended the meeting.
The Chairman of discussed the performance of the Company. In 2017, consolidated profit after tax stood at Taka 1,926.29 million compared to Taka 795.64 million in 2016. Earnings Per Share amounted to Taka 5.97 compared to Taka 2.50 during the previous year.
The meeting also unanimously appointed M/s. S. F. Ahmed & Co., Chartered Accountants, as the external auditor of the Company for the year 2018.