FACTORS AFFECTING PROFITS RELATING TO PURCHASE AND SALES: A STUDY ON TITAS GAS TRANSMISSION & DISTRIBUTION COMPANY LIMITED-Reference-Cited by-同舟云学术

FACTORS AFFECTING PROFITS RELATING TO PURCHASE AND SALES: A STUDY ON TITAS GAS TRANSMISSION & DISTRIBUTION COMPANY LIMITED

Published:2020-08-15 Issue:7 Volume:8 Page:391-400
ISSN:2350-0530
Container-title:International Journal of Research -GRANTHAALAYAH
language:
Short-container-title:Int. J. Res. Granthaalayah

Author:

Sabur Md. Abdus,Huda Nazmul,Sina Md. Abu

Abstract

The present study is an attempt to find out the factors affecting profits relating to purchase and sales of Titas Gas Transmission & Distribution Company Limited. The objectives of the study are to overview the affecting factors on profits, to determine the important factors that affect on profit relating to purchase and sales and to provide some suggestions and recommendations to enhance the profits. Correlation and regression have been applied to analyze the data. It is estimated that commercial, fertilizer and CNG are the most important factors to drive the profit both for the cases of purchase and sales. These three factors collectively explained the total variance of gross profit by 96.6 percent and 96.8 percent for the situation of purchase and sales respectively. The suggestions and recommendations are given to emphasize the purchase and sales on the identified factors to enhance the benefits of the company.

Publisher

Granthaalayah Publications and Printers

Subject

Ocean Engineering

Reference20 articles.

1. Ahmed, R. & Akib, M. H. (2018). Evaluation of well performance of Titas gas field by decline curve analysis using type curves. Journal of Nature Science and Sustainable Technology, Volume 12, Number 2, Nova Science Publishers, Inc.

2. Al-Fattah S. M., & Startzman R.A. (1999). Analysis of worldwide natural gas production. Society of Petroleum Engineers, SPE 57463, SPE, Texas A&M University. Copyright 1999, Society of Petroleum Engineers Inc.

3. Asaduzzaman, M. and Kawsar, H. M. (Feb, 2015). Financial performance analysis of LP Gas Ltd. with special reference to Govt. restriction on New Piped Gas Connection to households. International Journal of Business and Technopreneurship and Development Studies, Volume 5, No. 1, pp. 49-60

4. Barati1, K. & Sepasgozar S. M. E. (2015). Factors affecting on productivity of oil and gas construction projects: An AHP analysis. American Journal of Civil Engineering and Architecture, Vol. 3, No. 1, pp. 21-27. Available online at http://pubs.sciepub.com/ajcea/3/1/4, Science and Education Publishing. DOI:10.12691/ajcea-3-1-4

5. Bello, U. & Sabo, H. A. (2018). The impact of lease capitalization on profitability of Nigerian oil and gas industry. Faculty of Humanities, Management and Social Sciences, Department of Accounting and Business Administration, Federal University, Kashere, Gombe State.