WAPCOS PAYS HIGHEST EVER DIVIDEND

Nitin Gadkari,  Minister (Road Transport & Highways, Shipping and Water Resources, River Development and Ganga Rejuvenation), in the presence of Arjun Ram Meghwal,  Minister of State; Dr. Satya Pal Singh,  Minister of State; Dr. Amarjit Singh, Secretary, Government of India, were presented Dividend of Rs. 42.13 Crore (inclusive of Dividend Tax) for the year 2016-2017 by R.K. Gupta, CMD WAPCOS in a function held at National Media Centre, New Delhi on 26.09.2017.  Jagmohan Gupta, Joint Secretary & Financial Advisor;  Akhil Kumar, Joint Secretary;  Sanjay Kundu, Joint Secretary and Senior Officers from various Ministries & Ambassadors of various Countries were also present on the occasion. This is the highest ever since inception of the company. During the year 2016-2017, WAPCOS has achieved the highest ever Gross Income of Rs.975.44 Crore, Profitability of Rs.161.38 Crore and secured New Business of Rs.1983.6 Crore. Net worth of the Company has reached an all-time high at Rs.469.6 Crore. The Company has forayed and forged ahead to secure new business in countries like Angola, Afghanistan, Bangladesh, Benin, Bhutan, Burkina Faso, Burundi, Cambodia, Central African Republic, Chad, DR Congo, Ethiopia, Fiji, Ghana, Guinea Conakry, Kenya, Lao PDR, Lesotho, Liberia, Malawi, Maldives, Mali, Mongolia, Mozambique, Myanmar, Nepal, Niger, Nigeria, Philippines, Rwanda,Senegal, Sierra Leone, South Sudan,  Lanka, Swaziland, Tanzania, Togo, Uganda, Uzbekistan, Vietnam, Yemen and Zimbabwe by virtue of which WAPCOS increased its presence in many countries and also facilitated strengthening of bilateral relations between India and other Countries.