Stocks
IBBL topped on profit in the outgoing year
At the end of the outgoing year, Islami Bank Bangladesh Limited (IBBL) has made a profit of Tk 2 thousand 646 crores. The previous year the bank made a profit of Tk 2,430 crore. Operating profit increased by Tk 216 crore during the year.
In 2022, the operating profit of the state-owned Sonali Bank was 2 thousand 500 crore taka. Compared to the previous year (2021), the company’s operating profit has increased by Tk 410 crore.
Southeast Bank also achieved an operating profit of over a thousand crore takas in 2022. In one year the operating profit of the bank was Tk 1 thousand 135 crores.
The operating profit of Mercantile Bank has been Tk 845 crores in the recent year. The previous year’s amount was Tk 722 crores.
NRBC Bank’s profit was Tk 455 crore. In 2021, the bank’s operating profit was Tk 444 crore.
In the meantime, at the end of the year, the operating profit of the private sector Social Islami Bank was Tk 550 crore. The previous year was Tk 501 crore.
State-owned Rupali Bank made a profit of Tk 211 crore. A year ago this profit amount was Tk 147 crores.
However, the profit of Jamuna Bank has been Tk 830 crore. The previous year’s profit was Tk 750 crore. Union Bank made a profit of Tk 450 crore. Last year the profit of the bank was Tk 375 crore.
The profit of Al-Arafah Islami Bank was Tk 810 crore. In 2021, the amount was 750 crores. At the end of the year, Mercantile Bank made a profit of Tk 845 crore. Last year the bank made a profit of Tk 722 crore. Besides, the profit of Southeast Bank was Tk 1 thousand 135 crores. The amount of which last year was Tk 1 thousand 16 crores.
Citizen Bank has earned an operating profit of Tk 2.54 lakh in the first year of operation (2022).
The operating profit of South Bengal Agriculture Bank has decreased in the recent year. The bank earned an operating profit of Tk 200 crore in 2022. The previous year’s profit amount was Tk 210 crores, which is the operating profit of a bank after deducting the expenses from the income. Operating profit is not the actual profit of a bank. From this profit, provision is made against defaulted loans and other assets and taxes are paid to the government. Profit after provisioning and tax is the actual or net profit of a bank.
Dhaka Stock Exchange DSE, Bourse on the last working day of the week, April 25th, ended with a massive drop in Indices and Turnover from the previous working session. This information is known from DSE sources.
511 crore 43 lakh taka shares were traded on this day. 91 crore 31 lakh less tradings were done in DSE today compared to the previous workday, 23rd April , Shares worth Tk 602 crores 74 lakh shares were traded last time, Wednesday.
The benchmark DSEX lost 60.48 points or 5,518 The Shariah-based index DSES dropped 12.29 points or 1,217, and the blue-chip index DS30 decreased by 10.17 points or 1,974.
Of the issues traded, 69 advanced, 300 declined and 27 remained unchanged.
ADN Telecom Limited ranked top gainer on DSE, the share price increased by Tk 9.60 paisa or 8.66 percent. On this day, the share was last traded at Tk 120.50 paisa.
Bata Shoe Company Bangladesh Limited ranked top loser on the DSE, the share price dropped by Tk 36.9 paisa or 3.77 percent. On this day, the share was last traded at Tk 941.00 paisa.
DSE topped on trade is Orion Infusion Limited 31 crore 69 lakh takas of company shares have been traded.
A total of 35 companies’ shares were traded in the Block on Dhaka Stock Exchange. A total of 26 lakh 36 thousand 734 shares of the companies were traded. The financial value of which is 16 crore 61 lakh taka
One of the Listed companies, Bangladesh National Insurance Company Limited has recommended 20% Cash Dividend for the year ended December 31, 2023.
In terms of financial performance, The Company has also reported EPS of Tk. 4.04 for the year ended December 31, 2023. The Company has also reported NAV per share of Tk 26.28 paisa for the year ended December 31, 2023.
The Annual General Meeting (AGM) of the company will be held on June 25, through the digital platform. The record date for this has been fixed at May 27.
One of the Listed companies, Bata Shoe Limited has recommended 105% Final Cash Dividend (Total 435% Cash Dividend for the year ended December 31, 2023 inclusive of 330% Interim Cash Dividend, which has already been paid) for the year ended December 31, 2023
In terms of financial performance, The Company has also reported EPS of Tk. 29.31 for the year ended December 31, 2023. The Company has also reported NAV per share of Tk 237.93 paisa for the year ended December 31, 2023.
The Annual General Meeting (AGM) of the company will be held on July 16, through the digital platform. The record date for this has been fixed at May 16.
