Committed to PEOPLE'S RIGHT TO KNOW
Vol. 4 Num 301 Sat. April 03, 2004  
   
Business


Padma Oil Co declares 50pc dividend
Padma Oil Company Limited (POCL), a subsidiary of Bangladesh Petroleum Corporation, has declared 50 percent dividend for the year 2002-2003.

The declaration was made at the company's 34th annual general meeting held in Chittagong recently, says a press release.

POCL Board Chairman Md Rafiqul Islam presided over the meeting.

The company earned a net profit of Tk 75.57 million in the year 2002-2003.