DBH Finance PLC reported slightly higher profit in 2024, though profit declined in the first quarter of 2025.

The company posted a profit of Tk 100.83 crore for 2024, registering a modest growth of 2 percent from the previous year.

Its earnings per share stood at Tk 5.07, up from Tk 4.95 in 2023, according to a disclosure on the Dhaka Stock Exchange website.

DBH Finance's board announced a 15 percent cash and 2 percent stock dividend for the year ended December 31, 2024.

The stock dividend was proposed to utilise retained earnings as paid-up capital in order to strengthen the company's capital adequacy and support its future business expansion, DBH said in the disclosure.

The company reported a negative net operating cash flow per share (NOCFPS) of Tk 0.38 for 2024, compared to a positive Tk 43.18 in the previous year.

Receipts from other operating income rose by Tk 83.67 crore during the year.

However, the growth was offset by a rise in cash outflows due to an increase in loans and advances of Tk 83.59 crore, along with a fall in deposits from banks and other customers by Tk 88 crore, resulting in the negative NOCFPS, said DBH.

In its unaudited financials for the first quarter of 2025, DBH reported a 10 percent year-on-year drop in profit to Tk 15.61 crore.

Its EPS fell to Tk 0.78 in the January-March quarter of 2025 from Tk 0.87 in the same period the previous year.

Its NOCFPS turned positive at Tk 5.72 during the quarter, compared to a negative Tk 1.86 in the same period a year ago.

The NOCFPS turned positive thanks to a sharp increase in customer deposits to Tk 136.04 crore and receipts from other operating activities worth Tk 22.16 crore, despite a cash outflow of Tk 42.57 crore due to higher loans and interest payments.

DBH, formerly Delta Brac Housing Finance Corporation Ltd, has been operating in the real estate sector since its inception in 1996.

As of March 31, 2025, sponsors and directors held 51.32 percent of DBH shares, institutional investors 27.47 percent, foreign investors 3.73 percent, and the general public 17.48 percent.