Price Sensitive Information:
Jamuna Oil Company Ltd, 25% owner of Omera Fuels Limited(OFL) established to carry on business as designer, Constructor, owner and Operator of pertoleum based fuels tank terminal and related facilities to import, blend and distribute petroleum products without limitations, is pleased to inform the honorable shareholders of Jamuna Oil Company Ltd that Omera Fuels Limited (OFL) has commenced commercial operation in full swing by setting up a tank terminal of 14 tanks having total storage capacity of 70,000 M.Tons at Guptakhal, Patenga, Chittagong on its own freehold land measuring 6.175 acres revalued at TK. 3335.00 million(original cost TK. 87.70 million). The tank terminal has automated custody transfer and inventory management system with no manual intervention and this is the first & only tank terminal in Bangladesh of international standard and certified by "Germanischer Lloyed SE", a leading international certification body.
Dividen Notice for FY 2012-13
Dear valued shareholders, please be noted that Jamuna Oil Company Ltd. has credited the declared 10% bonus share to its shareholders BO Account on 13th February, 2014.
To credit Cash dividend @90%, JOCL has already transferred shareholders' Total Net Dividend to Eastern Bank Ltd.,Agrabad branch, Chittagong to credit into sharehholder's individual bank account through ONLINE Banking System on 20th February,2014.
38th AGM News
The Board of Directors has recommended cash dividend @ 90% and stock dividend @ 10% for the year ended on June 30, 2013. Date of AGM: 25.01.2014, Time: 11:00 AM, Venue: Hotel Agrabad, Agrabad C/A, Chittagong. Record date: 04.12.2013. The Company has also reported profit after tax of Tk. 1,990.06 million, EPS of Tk. 21.81, NAV per share of Tk. 72.05 and NOCFPS of Tk. 7.85 for the year ended on June 30, 2013.
News from DSE
(Q3): As per un-audited quarterly accounts for the 3rd quarter ended on 31st March 2013 (Jan'13 to March'13), the Company has reported profit after tax of Tk. 459.46 million with EPS of Tk. 5.03 as against Tk. 533.49 million and Tk. 5.85 respectively for the same period of the previous year. Whereas profit after tax was Tk. 1,196.34 million with EPS of Tk. 13.11 for the period of nine months (July'12 to March'13) ended on 31.03.2013 as against Tk. 1,414.77 million and Tk. 15.50 respectively for the same period of the previous year.
Annual Report for the year 2012-13 can be downloaded here!!
Jamuna Oil Company Limited (JOCL) is a petroleum marketing company serving the nation for the last four decades. Originally the name of company was Pakistan National Oils Limited which was formed in the year 1964.
After our long cherished independence the company was renamed to Bangladesh National Oils Limited by an Ordinance of 1972. In the year of 1973 Bangladesh National Oils Limited was renamed to Jamuna Oil Company Limited and registered as a Private Limited Company on 12th May, 1975 under the companies act, 1913 (amended 1994).
It has been functioning as a subsidiary of Bangladesh Petroleum Corporation (BPC) since 1977. As per decision taken by Government & BPC, the company was converted into a Public Limited Company on 25th June, 2007.