Bapex earns Tk 880m profit in FY11
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.