Union Insurance’s profit fell by 25.84 percent – 2024-05-14 12:39:47

by times news cr

2024-05-14 12:39:47

Union Insurance Company Limited, a listed company in the insurance sector of the capital market, has released its unaudited financial report for the first quarter (January-April, 24). The company’s earnings per share (EPS) declined in the quarter under review.

On Tuesday (May 14), Dhaka and Chittagong Stock Exchange (DSE-CSE) informed this information.

It was released after reviewing and approving the financial report for the first quarter of the current financial year in the meeting of the company’s board of directors earlier on Monday (May 13).

The company’s earnings per share (EPS) in the first quarter of the current financial year was Tk 0.66. In the corresponding period of the previous financial year, the company’s profit per share was Rs.0.89. The company’s earnings per share (EPS) decreased by Rs 0.23, which is 25.84 percent as a percentage.

The company’s net operating cash flow per share (NOCFPS) for the first quarter of the financial year stood at Tk 0.10. NOCFPS was Rs 0.82 in the corresponding period of the previous financial year.

On March 31, the company’s net asset value per share (NAVPS) stood at Tk 18.3.

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