Dhaka Insurance Company’s profit has decreased in the half year

by times news cr

2024-08-30 19:30:30

Published: 14:24, 29 August 2024

The Board of Directors of Dhaka Insurance Limited, a listed company in the insurance sector of the capital market, has released the unaudited financial report for the second quarter (April to June, 2024) and half-yearly quarter (January to June, 2024). According to the published report, the profit per share of the company has decreased in the half year.

Dhaka Insurance Company’s profit has decreased in the half year

On Thursday (29 August) Dhaka and Chittagong Stock Exchange (DSE-CSE) said this information.

Earlier, the company’s board of directors meeting held on Wednesday (August 28) released after reviewing and approving the financial report for the first and second quarters of the current financial year.

In the second quarter of the current financial year, the company’s earnings per share (EPS) stood at Tk 0.75. The profit per share was Rs 0.79 in the corresponding period of the previous financial year. Accordingly, the profit per share of the company decreased by Tk 0.04 or 5.06 percent.

Meanwhile, the company’s earnings per share (EPS) in the first two quarters of the current financial year has been Tk 1.50. The profit per share was Rs 1.56 in the corresponding period of the previous financial year. Accordingly, the profit per share of the company decreased by Tk 0.06 or 3.85 percent.

At the end of the second quarter ended June 30, 2024, the company’s net asset value per share (NAVPS) stood at Tk 35.73.

/nt/sb/

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