Stocks
Delta Life Insurance Discloses Reports of Q1, Q2 & Q3
One of the listed companies, Delta Life Insurance Company Limited, discloses its financial reports for the first quarter, second quarter. This source is known from DSE.
Q1: The company’s consolidated life revenue account for January to March 2022 shows significant growth and increased activity in its life insurance segment.
As of March 31, 2022, the balance of the Life Insurance Fund stood at 39,447.09 million taka. This marks an increase from 38,669.99 million taka recorded on March 31, 2021, resulting in a net growth of 777.10 million taka over the year.
The company also reported a substantial rise in net premium income for the first quarter of 2022. Net premiums collected from January to March 2022 amounted to 1,534.55 million taka, compared to 1,277.77 million taka during the same period in 2021.
However, the company experienced a rise in total expenses for the first quarter of 2022. Expenses reached 2,624.33 million taka, up from 2,137.90 million taka during the same period in 2021.
Q2: According to the company’s consolidated life revenue account for the half year ending June 30, 2022, the Life Insurance Fund grew significantly. The balance of the fund was 39,757.84 million taka as of June 30, 2022, compared to 38,752.46 million taka on March 31, 2021, resulting in a net increase of 1,005.38 million taka.
Net premiums collected from April to June 2022 were 2,042.16 million taka, up from 1,549.95 million taka during the same period in 2021, showing a healthy increase in premium income.
Total expenses for April to June 2022 were 2,523.06 million taka, compared to 2,282.25 million taka during the same period in 2021. This rise in expenses reflects the company’s expanded operations and investments.
Q3: According to the company’s consolidated life revenue account for the third quarter ending September 30, 2022, the Life Insurance Fund showed significant growth. The balance was 39,908.687 million taka as of September 30, 2022, compared to 38,745.166 million taka on September 30, 2021, marking a net increase of 1,163.521 million taka.
Net premiums collected during July-September 2022 were 1,751.352 million taka, up from 1,665.650 million taka in the same period in 2021, indicating an increase in premium income.
Total expenses for July-September 2022 were 2,289.415 million taka, down from 2,493.825 million taka during the same period in 2021. This decrease in expenses reflects improved cost management.
Dhaka Stock Market DSE, Bourse on the last working day of the week, 25th July, ended with a hike in Indices and Turnover from the previous working session. This information is known from DSE sources.
497 crore 34 lakh taka shares were traded on this day. 337 crore 97 lakh more tradings were done in DSE today compared to the previous workday, July 24th, Shares worth Tk 159 crores 37 lakh shares were traded last time, Wednesday.
The benchmark DSEX increased 62.81 points or 5,413 The Shariah-based index DSES added 13.81 points or 1,183 and the blue-chip index DS30 gained by 24.25 points or 1,932.
Of the issues traded, 286 advanced, 66 declined and 40 remained unchanged.
Techno Drugs Limited ranked top gainer on DSE, the share price increased by Tk 3.80 paisa or 9.87 percent. On this day, the share was last traded at Tk 42.30 paisa.
Rangpur Foundry Limited ranked top loser on the DSE, the share price dropped by Tk 5.40 paisa or 2.98 percent. On this day, the share was last traded at Tk 175.70 paisa.
DSE topped on trade is Square Pharmaceuticals PLC 35 crore 9 lakh takas of company shares have been traded.
A total of 28 companies’ shares were traded in the Block on Dhaka Stock Exchange. A total of 82 lakh 94 thousand 29 shares of the companies were traded. The financial value of which is 21 crore 92 lakh taka
One of the listed companies, Eastland Insurance Company Limited discloses its financial reports for the second quarter, (April – June 24).
The company’s earnings per share (EPS) Tk 0.27 paisa in Q2 of the current financial year (April – June 24). EPS was Tk. 0.41 for January-June 2024 as against Tk. 1.47 for the same period last year. EPS was Tk 0.80 paisa during the same period last year. NAV per share was Tk. 20.85 as of June 30, 2024.
One of the listed companies, Shahjalal Islami Bank PLC discloses its financial reports for the second quarter, (April – June 24).
The company’s Consolidated earnings per share (EPS) Tk 1.50 paisa in Q2 of the current financial year (April – June 24). Consolidated EPS was Tk. 1.50 for January-June 2024 as against Tk. 1.47 for the same period last year. EPS was Tk 0.80 paisa during the same period last year. Consolidated NAV per share was Tk. 20.85 as of June 30, 2024.
