Site icon Ortho Songbad English

3 Firms Profit Sinks in last 9 months

firms

The Board of Directors of 3 firms listed on bourses have published unaudited financial reports for the Q3 (July-September, 2022) and nine months (January-September, 2022) of the current financial year. According to the published data, the profit per share of the companies has dropped in nine months.

This information was announced on Tuesday, 25 October by Dhaka Stock Exchange sources.

The firms are – City Bank, Asia Insurance and Paramount Insurance

 

City Bank

The combined earnings per share (EPS) of the company in the 9 months of the current financial year stood at Tk 2.75. In the corresponding period of the last year, EPS was Tk 2.77, which results, in the profit of the firm is dropped by 0.02 taka or 1pc.

In the meantime, the combined earnings per share, EPS of the company in the Q3 of the current financial year was Tk 0.94. EPS was Tk 0.85 during the same period last year. As a result, the profit of the firm has hiked by 0.09 taka or 11pc. As on September 30, 2022, the company’s combined assets per share (NAVPS) stood at Tk 27.83.

 

Asia Insurance

The company’s earnings per share, EPS for the 9 months of the current financial year has been Tk 2.87. EPS in the same period last year was Tk 3.18 which results, in the profit of the company has dropped by 0.31 takas or 10pc. Meanwhile, the company’s earnings per share (EPS) for the Q3 of the current financial year has been Tk 1.45. In the same period the previous year, EPS was Tk 1.70 which results, the profit of the firm has dropped by 0.25 taka or 15pc. As on September 30, 2022, the company’s NAVPS stood at Tk 27.72.

 

Paramount Insurance

The company’s earnings per share (EPS) in the 9 months of the current financial year of the company has been 2 takas. EPS in the same period the previous year was Tk 3.08 which results, in the profit of the company has dropped by 1.08 takas or 35pc. In the meantime, the firm’s earnings per share (EPS) for the Q3 of the current financial year has been Tk 0.50. In the same period last year, EPS was Tk 0.49which results, in the profit of the company hiking by 0.01 takas or 2pc. As on September 30, 2022, the company’s (NAVPS) stood at Tk 26.02.

Share this
Exit mobile version