Meghna Insurance Company Ltd noted a bit lower profit in the year that ended on December 31.
Its earnings per share stood at Tk 0.94 in 2021 compared to Tk 0.95 in the previous year.
Net asset value per share slipped to Tk 17.88 from Tk 26.04 a year ago, while net operating cash flow per share declined to Tk 6.13 against Tk 19.12 in 2020.
The board recommended a 3pc cash dividend for 2021, said the insurer in a filing on the Dhaka Stock Exchange.
Shares of Meghna Insurance were unchanged at Tk 44.80 on the DSE today.
The insurer also disclosed the financials for the first and second quarters of 2022.
The EPS stood at Tk 0.33 in the negative in the April-June quarter, against Tk 0.59 in the negative during the same period last year, the unaudited financial statements showed.
The insurer, however, made a profit in the first half of 2022 when EPS stood at Tk 0.26, albeit down from Tk 1.10 registered in the identical six-month period of 2021.
The EPS fell to Tk 0.66 in the first quarter from Tk 1.83 last year.
