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Midland Bank briefs on Q3 Financials

Midland Bank

One of the listed companies, Midland Bank Limited, briefs its financial reports for its third quarter Q3. This source is known from DSE (Dhaka Stock Exchange).

As per un-audited Q3 financial statements, profit after tax was BDT 93.69 million and basic EPS was BDT 0.16 for the 3 months period July-September 2022 as against profit after tax of BDT 104.31 million and basic EPS of BDT 0.18 for the same period of the previous year. However, Post-IPO basic EPS for the 03 months period July-September 2022 would be BDT 0.15.

Moreover, profit after tax was BDT 189.20 million and basic EPS was BDT 0.33 for the 9 months period January-September 2022 as against profit after tax of BDT 454.78 million and basic EPS of BDT 0.80 for the same period of the previous year. However, Post-IPO EPS would be BDT 0.30 for the 9 months period January-September 2022.

Pre-IPO Net Asset Value (NAV) per share (considering Pre-IPO paid up shares) would be BDT 12.79 as on 30 September 2022 and the same would be BDT 12.49 (considering Post-IPO paid up shares). Pre-IPO weighted average number of shares is 569,669,753 as on 30 September 2022, whereas Post-IPO paid-up number of shares would be 639,669,753 as on the same date.

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