bdnews24.com :
The government has made windfall profit in oil sales, earning a Tk 73.34 billion profit in the first ten months of the current fiscal year.
The profit is due to the difference between the lower price at which the government buys oil on the world market and the higher price it charges on sales in the domestic market.
According to the Bangladesh Economic Survey 2017, the state-sponsored Bangladesh
Petroleum Corporation (BPC) has made Tk 73.34 billion in profits in the July-April period of FY2017. Most of the other 45 public corporations mentioned in the report made losses.
The BPC made Tk 90.4 billion in profits in the twelve months of FY2016 and Tk 4.13 billion in FY2015.
The government has made windfall profit in oil sales, earning a Tk 73.34 billion profit in the first ten months of the current fiscal year.
The profit is due to the difference between the lower price at which the government buys oil on the world market and the higher price it charges on sales in the domestic market.
According to the Bangladesh Economic Survey 2017, the state-sponsored Bangladesh
Petroleum Corporation (BPC) has made Tk 73.34 billion in profits in the July-April period of FY2017. Most of the other 45 public corporations mentioned in the report made losses.
The BPC made Tk 90.4 billion in profits in the twelve months of FY2016 and Tk 4.13 billion in FY2015.
