Central Insurance’s profit declines 15.75% in 2022
Central Insurance Company Ltd posted a 15.75 per cent year-on-year decrease in profit to Tk 10.79 crore in 2022.
The profit stood at Tk 12.81 crore in 2021.
Thus, the insurer reported earnings per share of Tk 2.03 for the financial year of 2022 compared to Tk 2.41 a year ago, according to a disclosure on the Dhaka Stock Exchange today.
The net asset value per share of Central Insurance rose slightly to Tk 49.48 last year from Tk 49.35 in 2021 while the net operating cash flow per share slipped to Tk 2.51 from Tk 2.77 during the period.
The board of directors of the company has recommended a 15 per cent cash dividend for the year that ended on December 31.
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