Eastland Ins profit up in Apr-Jun

Eastland Insurance Company Ltd posted a 7.14 per cent year-on-year increase in profit in the April-June quarter. 

The earnings per share were Tk 0.45 in April-June against Tk 0.42 during the same quarter a year ago. The EPS rose to Tk 0.80 in the first half of 2022 from Tk 0.75 during the same six-month period the previous year, according to a filing on the Dhaka Stock Exchange yesterday.

Net operating cash flow per share went up to Tk 0.60 between January and June, which was Tk 0.57 in the first half of 2021.

Net asset value per share stood at Tk 21.46 on June 30 this year and Tk 21.22 on June 30 last year, showed the un-audited financial statements of the insurance company.