Jalalabad Gas logs Tk 7,331cr revenue

Jalalabad Gas Transmission and Distribution System Ltd announced that they chalked up a total revenue of Tk 7,331.37 crore from the sales of 3917.819 million cubic metres (MMCM) of gas for the fiscal year 2023-24.

The company deposited Tk 185.82 crore into the government exchequer in the form of debt service liabilities, dividends, income tax and import duties.

The announcement came at the company's 38th annual general meeting at Petrobangla, Petrocenter in the capital's Karwan Bazar recently, the company said in a press release.

ABM Abdul Fattah, chairman of the company, a subsidiary of Petrobangla, presided over the meeting.

The shareholders and the board of directors of the company are satisfied with the overall activities conducted by the company during the financial year of 2023-24.

The meeting approved the audited financial statements of the company for the fiscal year 2023-24.

Zanendra Nath Sarkar, chairman of Petrobangla (Grade-1), along with the shareholders, directors, managing director and general managers of the company, were also present at the meeting.