Stocks
Int. Leasing & Financial Services Reports Negative EPS
International Leasing & Financial Services Limited, a prominent financial institution, has recently unveiled its financial reports for the first and second quarters of 2023. This source is known from Dhaka Stock Exchange (DSE).
Unfortunately, the company encountered losses in its consolidated earnings per share (EPS) throughout both periods, indicating a challenging financial performance.
During the first quarter (January-March) of 2023, International Leasing & Financial Services Limited reported a loss of Tk. 2.15 paisa per share in consolidated EPS, slightly higher than the loss of Tk. 2.11 paisa per share in the same period of the previous year (January-March 2022). Moreover, the consolidated net asset value (NAV) per share for the company was a loss of Tk. 164.39 paisa as of March 31, 2023, compared to a loss of Tk. 162.24 paisa as of March 31, 2022.
Moving on to the second quarter (January-June) of 2023, the company’s consolidated EPS continued to reflect a loss, with Tk. 2.76 paisa per share, an increase from the loss of Tk. 2.11 paisa per share in the same period of the previous year (January-June 2022). Furthermore, the consolidated NAV per share stood at a loss of Tk. 165.00 paisa as of June 30, 2023, compared to a loss of Tk. 162.24 paisa as of June 30, 2022.
These financial results indicate the ongoing challenges faced by International Leasing & Financial Services Limited during the first and second quarters of 2023. The losses in consolidated EPS and NAV per share demonstrate the difficulties the company encountered in generating profits and maintaining a positive net asset value.
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.
