12:00 AM, August 03, 2018 / LAST MODIFIED: 12:00 AM, August 03, 2018

City Bank's consolidated half-yearly earnings decrease

Sohail RK Hussain, managing director and CEO of City Bank, speaks at the disclosure of the bank's half yearly financial performance for 2018 at its head office in Dhaka recently. Photo: City Bank

City Bank's consolidated earnings per share for January-June 2018 declined to Tk 1.51 against Tk 2.18 for the same period a year ago.

The bank presented its half yearly financial performance for 2018 at the bank's head office recently.

The bank's net operating cash flow per share increased to Tk 12.92 in the January-June 2018 period.

The bank also reported Tk 138.96 crore consolidated after tax profit during the first half of 2018, which was Tk 190.74 crore for the same period of the previous year.

Sohail RK Hussain, managing director and CEO of City Bank, spoke about the bank's current strategic positioning and macro outlook.