• Professor Dr. Md. Abdus Sabur Dept. of Accounting & Information Systems, Islamic University, Kushtia
  • Md. Nazmul Huda Lecturer, Dept. of Accounting & Information Systems, Islamic University, Kushtia
  • Professor Dr. Md. Abu Sina Dept. of Accounting & Information Systems, Islamic University, Kushtia, Bangladesh




Profits, Purchase, Sales and Titas Gas Transmission, Distribution Company Limited

Abstract [English]

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.


Download data is not yet available.


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.

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. DOI: https://doi.org/10.2118/57463-MS

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

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

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.

Daryanto, W.M. & Nurfadilah, D. (2018). Financial performance analysis before and after the decline in oil production: Case study in Indonesian Oil and Gas Industry. International Journal of Engineering & Technology, 7 (3.21). www.sciencepubco.com/index.php/IJET.

Erdoğan, E. O., Erdogan, M., and Omurbek, V. (2015). Evaluating the effects of various financial ratios on company financial performance: Application in Borsa stanbul, Business and Economics Research Journal, Volume 6, Number 1. pp. 35-42. www.berjournal.com

Germaine, D. & Kruger, J. (December, 2017). Determinants of oil price influence on profitability performance measure of oil and gas companies: A panel data perspective. International Journal of Economics, Commerce and Management, United Kingdom. Vol. V, Issue 12, Licensed under Creative Common Page 993. http://ijecm.co.uk/

Gupta S. P. & Gupta M. P. (2007). Business statistics. Fourteenth Enlarged Edition, New Delhi, India: Sultan Chand & Sons.

Hermanson, G. H., Edwrds, J. D. & Maher, M. W. (1998). Accounting: A business perspective.

Seventh edition, Manchaster, USA: Irwin McGraw-Hill.

Kalam, A., Zakir, H. M., &Rana, M.M. (2013). Performances evaluation of Selected Commercial Banks in Bangladesh, Journal of Faculty of Business Administration (JFBA) The Islamic University Studies (Part-C) Vol-10, No-1 PP 81-98

Kosmidis, K. & Stavropoulos, A. (2014). Corporate failure diagnosis in SMEs: A longitudinal analysis based on alternative prediction models. International Journal of Accounting & Information Management, Vol. 22, No. 1, pp. 49-67. DOI: https://doi.org/10.1108/IJAIM-01-2013-0001

Kothari, C. and Garg, G. (2014). Research methodology- Methods and Techniques. 3rd edition. New Delhi, India: New Age International (P) Ltd., p.63.

Lind. Douglas A., Marchal, William G. and Mason, Robert D. (2002). Statistical techniques in business & Eeconomics. New York, USA: The McGraw-Hill Companies, Inc.

Putra, A. P., Lahindah, L. & Rismadi, B. (2012). Financial performance analysis before and after global crisis (Case study in Indonesian oil and gas sector for the period of 2006-2011). Rev. Integr. Bus. Econ. Res., Vol. 3(1), PP. 42-51.

Shamsuzzoha, M. (2017). Service procedure of TGTDCL, is it compatible with the modern world? -A case study of TGTDCL. Proceedings of the 2017 International Conference on Industrial Engineering and Operations Management (IEOM).

Shawan, M. U. & Maksud, A. S. M. (2015). Performances of Titas Gas Limited and managerial challenges, International Journal of Enterpreneurship and development studies, Vol-3 No-2.

Singh, Y. (2015). Fundamental of research methodology and statistic. New Delhi: New Age International (P) Ltd. Publishers, p. 88.

Wang, Y. J. (2014). The evaluation of financial performance for Taiwan container shipping companies by Fuzzy TOPSIS, Applied Soft Computing, 22, pp. 28–35




How to Cite

Sabur, M. A., Huda, N., & Sina, M. A. (2020). FACTORS AFFECTING PROFITS RELATING TO PURCHASE AND SALES: A STUDY ON TITAS GAS TRANSMISSION & DISTRIBUTION COMPANY LIMITED. International Journal of Research -GRANTHAALAYAH, 8(7), 391–400. https://doi.org/10.29121/granthaalayah.v8.i7.2020.774