Bapex earns Tk 880m profit in FY11

Bapex earns Tk 880m profit in FY11
Business Desk

Bangladesh Petroleum Exploration and Production Company Limited (Bapex) made Tk 880.3 million profit during 2010-11 fiscal as it fetched Tk 1.67 billion income against expenditure of Tk 788.5 million.

This was revealed at the 22nd annual general meeting (AGM) of the company at a city hotel recently.

Mohammad Mejbah-uddin, chairman of Bapex board and secretary of Energy and Mineral Resources Division presided over the AGM, said a press release.

Members of the board of directors of Bapex and a large number of shareholders attended the meeting.


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