ADN Telecom’s net profit almost doubled in the past four years to Tk 105.93 million in fiscal 2016-17, according to the company’s prospectus. It gives an idea about how the company’s management has efficiently used its assets to generate earnings. The company’s capital structure with debt accounting for 25 percent and equity finance taking up 75 percent shows its inner strength. ADN Telecom has signed a deal with issue management company ICB Capital Management to become listed on the stock market. ADN Managing Director Henry Hilton, ICB Capital Management CEO (Additional Charge) Md Sohel Rahman and Roots Investment Managing Director Sarwar Hossain also delivered speeches at the event.

Source: bd News24 October 19, 2017 14:37 UTC