Dhaka Bank’s profit jumps 19pc

Dhaka Bank Ltd reported an 18.75 per cent increase in profit in the April-June quarter of 2022. 

Consolidated earnings per share were Tk 0.57 in the quarter against Tk 0.48 in the same period of 2021, according to the unaudited financial statements.

The EPS rose thanks to an 18 per cent year-on-year increase in operating profit, said the private commercial bank in a filing on the Dhaka Stock Exchange yesterday.

Consolidated EPS was Tk 1.30 in the first half of 2022, up 15 per cent from Tk 1.13 a year ago.

Dhaka Bank's consolidated net operating cash flow per share was a negative of Tk 17.81 from January to June while it stood at Tk 3.98 during the identical period of 2021.

The NOCFPS reduced due to an increase in loans and advances and investment in Treasury bills, said the bank.