Audit Report June 26,2011

ASIAPACINS
(H/Y): As per un-audited half yearly accounts as on 30.06.11 (Jan' 11 to June' 11), the company has reported net profit after tax of Tk. 45.61 million with EPS of Tk. 10.76 as against Tk. 31.43 million and Tk. 14.84 respectively for the same period of the previous year. Whereas net profit after tax was Tk. 20.85 million with EPS of Tk. 4.92 for the period of 3 months (Apr' 11 to June' 11) ended on 30.06.11 as against Tk. 16.94 million and Tk. 8.00 respectively for the same period of the previous year.

MEGHNACEM
(H/Y): As per un-audited half yearly accounts as on 30.06.11 (Jan' 11 to June' 11), the company has reported profit after tax of Tk. 101.39 million with EPS of Tk. 4.51 as against Tk. 110.20 million and Tk. 4.90 respectively for the same period of the previous year. Whereas profit after tax was Tk. 39.13 million with EPS of Tk. 1.74 for the period of 3 months (Apr' 11 to June' 11) ended on 30.06.11 as against Tk. 78.74 million and Tk. 3.50 respectively for the same period of the previous year.

GEMINISEA
(Q3): As per un-audited quarterly accounts for the 3rd quarter ended on 30th June 2011 (April'11 to June'11), the company has reported net profit after tax of Tk. 1.31 million with EPS of Tk. 11.86 as against Tk. 1.09 million and Tk. 9.88 respectively for the same period of the previous year. Whereas net profit after tax was Tk. 9.52 million with EPS of Tk. 86.53 for the period of nine months (Oct'10 to June'11) ended on 30.06.2011 as against Tk. 4.07 million and Tk. 36.97 respectively for the same period of the previous year. Accumulated profit/(loss) of the company was Tk. (10.86) million as on 30.06.11.

SALAMCRST
(Q3): As per un-audited quarterly accounts for the 3rd quarter ended on 30th June 2011 (April'11 to June'11), the company has reported profit after tax of Tk. 102.99 million with EPS of Tk. 10.52 as against Tk. 30.37 million and Tk. 3.70 respectively for the same period of the previous year. Whereas profit after tax was Tk. 209.62 million with EPS of Tk. 21.41 for the period of nine months (Oct'10 to June'11) ended on 30.06.2011 as against Tk. 95.39 million and Tk. 11.62 respectively for the same period of the previous year. It is to be noted that EPS has been calculated based on weighted average number of shares outstanding.



ABBANK
(H/Y): As per un-audited half yearly accounts as on 30.06.11 (Jan' 11 to June' 11), the Bank has reported consolidated net profit after tax (excluding non-controlling interest) of Tk. 954.76 million with consolidated EPS of Tk. 25.90 as against Tk. 2,256.17 million and Tk. 61.21 respectively for the same period of the previous year. Whereas consolidated net profit after tax (excluding non-controlling interest) was Tk. 327.18 million with consolidated EPS of Tk. 8.88 for the period of 3 months (Apr' 11 to June' 11) ended on 30.06.11 as against Tk. 1,332.51 million and Tk. 36.15 respectively for the same period of the previous year. Again, As per un-audited half yearly accounts as on 30.06.11 (Jan' 11 to June' 11), the Bank has reported net profit after tax of Tk. 473.06 million with EPS of Tk. 12.83 as against Tk. 1,965.47 million and Tk. 53.32 respectively for the same period of the previous year. Whereas net profit after tax was Tk. 114.38 million with EPS of Tk. 3.10 for the period of 3 months (Apr' 11 to June' 11) ended on 30.06.11 as against Tk. 1,125.11 million and Tk. 30.52 respectively for the same period of the previous year.

SINGERBD
(H/Y): As per un-audited half yearly accounts as on 30.06.11 (Jan' 11 to June' 11), the company has reported profit after tax of Tk. 201.44 million with EPS of Tk. 51.30 as against Tk. 203.82 million and Tk. 51.91 respectively for the same period of the previous year. Whereas profit after tax was Tk. 113.67 million with EPS of Tk. 28.95 for the period of 3 months (Apr' 11 to June' 11) ended on 30.06.11 as against Tk. 152.36 million and Tk. 38.80 respectively for the same period of the previous year.

NHFIL
(H/Y): As per un-audited half yearly accounts as on 30.06.11 (Jan' 11 to June' 11), the company has reported net profit after tax of Tk. 95.99 million with EPS of Tk. 16.78 as against Tk. 80.00 million and Tk. 13.99 (restated) respectively for the same period of the previous year. Whereas net profit after tax was Tk. 31.86 million with EPS of Tk. 5.57 for the period of 3 months (Apr' 11 to June' 11) ended on 30.06.11 as against Tk. 43.57 million and Tk. 7.62 (restated) respectively for the same period of the previous year.

MARICO
(Q1): As per un-audited quarterly accounts for the 1st quarter ended on 30th June 2011 (Apr'11 to June'11), the Company has reported profit after tax of Tk. 211.54 million with EPS of Tk. 6.72 as against Tk. 146.37 million and Tk. 4.65 respectively for the same period of the previous year. In the footnote of the income statement the company has reported that the company has adopted credit based VAT operation at depot level with effect from April 1, 2011 which was earlier truncated base. Due to the change, Q1 2011-12 (April'11-Jun'11), turnover reported at net of VAT against corresponding quarter (April'10-Jun'10) which was inclusive of VAT.

ICBIBANK
(H/Y): As per un-audited half yearly accounts as on 30.06.11 (Jan' 11 to June' 11), the Bank has reported net profit/(loss) after tax of Tk. (913.26) million with EPS of Tk. (1.37) as against Tk. (752.05) million and Tk. (1.13) respectively for the same period of the previous year. Whereas net profit/(loss) after tax was Tk. (453.91) million with EPS of Tk. (0.68) for the period of 3 months (Apr' 11 to June' 11) ended on 30.06.11 as against Tk. (350.98) million and Tk. (0.53) respectively for the same period of the previous year. Accumulated profit/ (loss) of the Bank was Tk. (13,997.78) million as on 30.06.11 resulting total shareholders' equity stands at Tk. (6,717.99) million.

BRACBANK
(H/Y): As per un-audited half yearly accounts as on 30.06.11 (Jan' 11 to June' 11), the Bank has reported consolidated profit after tax (excluding minority interest and preference dividend) of Tk. 790.37 million with consolidated EPS of Tk. 24.60 as against Tk. 743.97 million and Tk. 23.16 respectively for the same period of the previous year. Whereas consolidated profit after tax (excluding minority interest and preference dividend) was Tk. 400.93 million with consolidated EPS of Tk. 12.48 for the period of 3 months (Apr' 11 to June' 11) ended on 30.06.11 as against Tk. 436.09 million and Tk. 13.58 respectively for the same period of the previous year. Again, As per un-audited half yearly accounts as on 30.06.11 (Jan' 11 to June' 11), the Bank has reported profit after tax (excluding preference dividend) of Tk. 740.94 million with EPS of Tk. 23.07 as against Tk. 659.65 million and Tk. 20.53 respectively for the same period of the previous year. Whereas profit after tax (excluding preference dividend) was Tk. 370.42 million with EPS of Tk. 11.53 for the period of 3 months (Apr' 11 to June' 11) ended on 30.06.11 as against Tk. 371.09 million and Tk. 11.55 respectively for the same period of the previous year.

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