Global Insurance’s profits rose in the first and second quarters

by times news cr

2024-08-21 23:12:28

Published: 16:37, 21 August 2024

The Board of Directors of Global Insurance Limited, a listed insurance company in the capital market, has published unaudited financial reports for the first quarter (January to March, 2024), second quarter (April to June, 2024) and half-yearly quarter (January to June, 2024). According to the report, the company’s earnings per share increased.

Global Insurance’s profits rose in the first and second quarters

On Wednesday (August 21), these data were revealed by Dhaka and Chittagong Stock Exchange (DSE-CSE).

It was released after reviewing and approving the financial report of the first and second quarter of the current financial year in the meeting of the board of directors of the company earlier on Tuesday (August 20).

The company’s earnings per share (EPS) in the first quarter of the current financial year was Tk 0.35. The profit per share was Rs 0.31 in the corresponding period of the previous financial year.

Besides, the company’s earnings per share (EPS) in the second quarter of the financial year stood at Tk 0.30. The profit per share was Rs 0.29 in the corresponding period of the previous financial year.

The company’s earnings per share (EPS) for the first two quarters of the financial year, i.e. 6 months, was Tk 0.65. The profit per share was Rs 0.60 in the corresponding period of the previous financial year.

At the end of the second quarter ended on June 30, 2024, the company’s net asset value per share (NAVPS) stood at Tk 14.61.

NT/Rafiq

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