Stocks
15 Insurance Firms Discloses their Q2 Financial Reports
15 listed companies from Dhaka Stock Exchange (DSE). This source is known from their oficial website. Their financial reports for the second quarter, (April – June 24) are provided below
Express Insurance: The company’s earnings per share (EPS) Tk 0.20 paisa in Q2 of the current financial year (April – June 24). EPS was Tk. 0.49 for the same period last year. NAV per share was Tk. 19.26 as of June 30, 2024.
Peoples Insurance: The company’s earnings per share (EPS) Tk 0.58 paisa in Q2 of the current financial year (April – June 24). EPS was Tk. 0.59 for the same period last year. NAV per share was Tk. 34.08 as of June 30, 2024.
Purabi general Insurance: The company’s earnings per share (EPS) Tk 0.48 paisa in Q2 of the current financial year (April – June 24). EPS was Tk. 0.17 for the same period last year. NAV per share was Tk. 14.50 as of June 30, 2024.
Agrani Insurance: The company’s earnings per share (EPS) was loss Tk 0.02 paisa in Q2 of the current financial year (April – June 24). EPS was Tk. 0.32 for the same period last year. NAV per share was Tk. 14.50 as of June 30, 2024.
Mercantile Insurance: The company’s earnings per share (EPS) Tk 0.10 paisa in Q2 of the current financial year (April – June 24). EPS was Tk. 0.39 for the same period last year. NAV per share was Tk. 20.47 as of June 30, 2024.
Islami Insurance: The company’s earnings per share (EPS) Tk 0.73 paisa in Q2 of the current financial year (April – June 24). EPS was Tk. 0.69 for the same period last year. NAV per share was Tk. 22.09 as of June 30, 2024.
Meghna Insurnace: The company’s earnings per share (EPS) Tk 0.05 paisa in Q2 of the current financial year (April – June 24). EPS was Tk. 0.10 for the same period last year. NAV per share was Tk. 13.66 as of June 30, 2024.
Sandhani Life Insurance: As per consolidated life revenue account of the company for April to June, 2024, excess of total expenses including claims over total income (deficit) was BDT 169.10 million as against excess of total expenses including claims over total income (deficit) of BDT 36.51 million in the corresponding previous period of 2023. Whereas as per consolidated life revenue account of the company for January to June, 2024, excess of total expenses including claims over total income was BDT 426.96 million as against excess of total expenses including claims over total income (deficit) of BDT 355.34 million in the corresponding previous period of 2023. Accordingly, Balance of Life Insurance Fund was BDT 6,776.86 million as on June 30, 2024 as against BDT 6,864.73 million as on June 30, 2023 resulting a net decrease of BDT 87.87 million
Pragati Life Isnurance: As per life revenue account of the company for April to June, 2024, excess of total income over total claims and expenses (surplus) was BDT 69.49 million as against excess of total income over total claims and expenses (surplus) of BDT 9.62 million in the corresponding previous period of 2023. Whereas as per life revenue account of the company for January to June, 2024, excess of total income over total claims and expenses (surplus) was BDT 19.69 million as against excess of total income over total claims and expenses (surplus) of BDT 10.39 million in the corresponding previous period of 2023. Accordingly, Balance of Life Insurance Fund was BDT 6,353.22 million as on June 30, 2024 as against BDT 6,226.85 million as on June 30, 2023 resulting a net increase of BDT 126.37 million
United Isnruance: The company’s earnings per share (EPS) Tk 0.73 paisa in Q2 of the current financial year (April – June 24). EPS was Tk. 0.81 for the same period last year. NAV per share was Tk. 26.85 as of June 30, 2024.
Provati Insurance: The company’s earnings per share (EPS) Tk 0.35 paisa in Q2 of the current financial year (April – June 24). EPS was Tk. 0.32 for the same period last year. NAV per share was Tk. 21.89 as of June 30, 2024.
Takaful Isnurance: The company’s earnings per share (EPS) Tk 0.32 paisa in Q2 of the current financial year (April – June 24). EPS was Tk. 0.32 for the same period last year. NAV per share was Tk. 19.30 as of June 30, 2024.
Phoenix Insurance: The company’s earnings per share (EPS) Tk 0.15 paisa in Q2 of the current financial year (April – June 24). EPS was Tk. 0.33 for the same period last year. NAV per share was Tk. 33.83 as of June 30, 2024.
Nitol Insurnace: 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 the same period last year. NAV per share was Tk. 31.10 as of June 30, 2024.
Islami Commercial Insurance Company: The company’s earnings per share (EPS) Tk 0.18 paisa in Q2 of the current financial year (April – June 24). EPS was Tk. 0.27 for the same period last year. NAV per share was Tk. 17.58 as of June 30, 2024.
Stocks
Indices Negative Amidst Turnover Hikes
Dhaka Stock Market DSE, Bourse on the second working day of the week, 30th September, ended with a negative performance in Indices and a hike in Turnover from the previous working session. This information is known from DSE sources.
503 crore 90 lakh taka shares were traded on this day. 22 crore 58 lakh more tradings were done in DSE today compared to the previous workday, 29th September, Shares worth Tk 481 crores 31 lakh shares were traded last time, Sunday.
The benchmark DSEX lost 33.61 points or 5,624 The Shariah-based index DSES dropped 7.36 point or 1,263 and the blue-chip index DS30 decreased by 9.57 points or 2,053.
Of the issues traded, 72 advanced, 299 declined and 25 remained unchanged.
Shahjibazar Power Company Limited ranked top gainer on DSE, the share price increased by Tk 4.00 paisa or 9.76 percent. On this day, the share was last traded at Tk 45.00 paisa.
Dhaka Electric Supply Company Limited ranked top loser on the DSE, the share price dropped by Tk 1.80 paisa or 7.56 percent. On this day, the share was last traded at Tk 22.00 paisa.
DSE topped on trade is Pragati Life Insurance Limited 25 crore 35 lakh takas of company shares have been traded.
A total of 27 companies’ shares were traded in the Block on Dhaka Stock Exchange. A total of 1 crore 50 lakh 42 thousand 956 shares of the companies were traded. The financial value of which is 65 crore 60 lakh taka
Stocks
National Polymer Announce Their Dividends & Q2 Financials
One of the Listed companies, National Polymer Limited has recommended 10.50% Cash Dividend for the year ended June 30, 2024.
It has reported Consolidated EPS of Tk 2.27 paisa, and Consolidated NAV per share of Tk 30.63 for the year ended March 31, 2024.
The Annual General Meeting (AGM) of the company will be held on December 18, through the digital platform. The record date for this has been fixed at October 22.
The Company also discloses its financial reports for the second quarter, (April – June 24).
As per the company’s consolidated life revenue account for April to June 2024, the excess of total income over total expenses, including claims (surplus), stood at Tk 1,394.24 million. This marks a significant increase from the surplus of Tk 823.68 million during the same period in 2023.
For the first half of 2024, from January to June, the company reported a surplus of Tk 2,177.57 million, compared to Tk 1,290.39 million in the corresponding period of the previous year.
Additionally, the Life Insurance Fund balance as of June 30, 2024, reached Tk 55,188.62 million, showing a net increase of Tk 5,892.25 million from Tk 49,296.37 million on June 30, 2023.
Stocks
Beacon Pharma Declares Their Dividends
One of the Listed companies, Beacon Pharmaceuticals PLC has recommended 20% Cash dividend and 10% Cash Dividend to Sponsor Shareholder and Directors for the year ended June 30, 2024.
It has reported EPS of Tk 2.26 paisa, and NAV per share of Tk. 26.37 for the year ended June 30, 2024.
The Annual General Meeting (AGM) of the company will be held on December 23, through the digital platform. The record date for this has been fixed at October 27.