Mutual Trust Bank’s profit increased by 5.45 percent – 2024-07-29 13:04:28

by times news cr

2024-07-29 13:04:28

The Board of Directors of Mutual Trust Bank (MTB), a listed company in the banking sector of the capital market, has released the unaudited financial report for the second quarter (April-June, 2024) and half-yearly (January-June, 2024) of the current financial year. According to the published report, the profit of the company has increased in the current half-yearly quarter.

On Monday (July 29), the Dhaka and Chittagong Stock Exchange (DSE) informed this information.

According to the data, the company’s consolidated earnings per share (EPS) for the second quarter of the current financial year stood at Tk 0.38. The profit per share of the company was Rs 0.40 in the corresponding period of the previous financial year. Accordingly, the profit per share of the company decreased by 0.02 taka or 5 percent in the quarter under discussion.

Meanwhile, the company’s earnings per share (EPS) for the six months or half-yearly quarter of the current financial year stood at Rs 1.16. The profit per share of the company was Rs 1.10 in the corresponding period of the previous financial year. Accordingly, the company’s EPS is increasing by Tk 0.06 or 5.45 percent in the current quarter.

As on June 30, 2024, the company’s consolidated net asset value per share (NAVPS) stood at Tk 25.25.

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