The Financial Express

ICB earns Tk 3.68b net profit in FY 2016-17

| Updated: November 06, 2017 11:07:57

ICB earns Tk 3.68b net profit in FY 2016-17

The Investment Corporation of Bangladesh (ICB) has earned Tk 3.68 billion net profit after tax in 2016-2017 Fiscal Year (FY).

Board of directors of the ICB approved the balance sheet and profit & loss account of the institute for the financial year ended 30 June, 2017.

The board gave the approval during its 520th meeting held in the capital on Thursday, according to a statement.

The ICB board recommended 30 per cent cash dividend and 5.0 per cent stock dividend for the year ended last June.

The record date has been fixed on Sunday, 26 November 2017 and the 41st annual general meeting of the corporation will be held on Saturday, 26 November 2017 at 10:30 am at Jalsa Ghar, Hotel purbani International, 1, Dilkusha C/A, Dhaka-1000.

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