BGFCL profit hits Tk174cr in FY21

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Business Desk :
Bangladesh Gas Fields Company Limited (BGFCL) profited Tk174 crore in the Fiscal Year 2020-21, after paying Tk558.71 crore as vat, dividend and income tax to the government.
This natural gas production company, which is the largest in the country, had earned a total revenue of Tk1,125.60 crore during this fiscal, while it incurred operating expenses of Tk951.58 crore (including VAT).
These information were provided in a press release published by the Gas Fields Authority on Saturday.
Earlier, the 66th annual general meeting of the company was held at BGFCL’s head office in Birasar area of Brahmanbaria town at 6pm on Saturday.
The general meeting chaired by the Senior Secretary of the Department of Energy and Mineral Resources, Md Anisur Rahman, was attended by BGFCL shareholders, directors and senior officials.
The press release further said that out of six gas fields operated by BGFCL, five fields are currently in production.

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