Dhaka Insurance posts lower profit
Dhaka Insurance Limited reported a 10.22 per cent year-on-year decline in profit at Tk 2.81 crore in the third quarter of 2022.
The insurer made a profit of Tk 3.13 crore during the same three-month period a year earlier.
Thus, Dhaka Insurance posted earnings per share of Tk 0.70 in July-September this year against Tk 0.78 in the identical quarter last year, according to the unaudited financial statements.
The profit dropped 15.32 per cent to Tk 8.43 crore in the January-September period from Tk 9.95 crore a year earlier.
Accordingly, the EPS was Tk 2.10 in the nine-month period, down from Tk 2.48 in the corresponding period of 2021.
Shares of Dhaka Insurance closed at Tk 50 on the Dhaka Stock Exchange yesterday, unchanged from a day earlier.