Stocks
Prime Islami Life Insurance announces Q1, Q2 Financials & Dividends
One of the listed companies, Prime Islami Life Insurance Limited, discloses its financial reports for the first quarter, second quarter. This source is known from DSE.
Q1 Financials: According to the consolidated life revenue account of the company for the period of January to March 2023, there was a deficit of Tk 75 crore 11 lakh, in contrast to a deficit of Tk 90 crore 15 lakh during the same period in 2022.
Consequently, the Balance of Life Insurance Fund stood at BDT 6,962.15 million as of March 31, 2023, marking a decrease of Tk 21 crore 38 lakh compared to its value on March 31, 2022.
Q2 Financials: Moving on to the consolidated life revenue account for April to June 2023, the deficit amounted to Tk 5 crore 61 lakh, a decrease from Tk 9 crore 2 lakh during the corresponding period in 2022. Expanding the view to the six-month period from January to June 2023, the deficit totaled Tk 80 crore 72 lakh, compared to Tk 99 crore 17 lakh in 2022.
Consequently, as of June 30, 2023, the Balance of Life Insurance Fund stood at Tk 690 crore 60 lakh, reflecting a net decrease of Tk 17 crore 97 lakh from its value on June 30, 2022.
The company has recommended no Dividend to its investors for the Financial Year ending December 31, 2022.
The Annual General Meeting (AGM) of the company will be held on November 6 through the digital platform. The record date for this has been fixed at September 27.
Dhaka Stock Exchange DSE, Bourse on the last working day of the week, September 27, ended with price Index mixed & turnover drops. This information is known from DSE sources.
422 crores 30 lakh shares were traded on this day. 27 crore 71 lakh less trading was done in DSE today compared to the previous workday, 26 September, Shares worth Tk 450 crores 1 lakh shares were traded last time, Tuesday.
The benchmark DSEX added 0.83 points or 6,284 The Shariah-based index DSES lost 0.03 points or 1,359, and the blue-chip index DS30 increased by 1.85 points or 2,140.
Of the issues traded, 70 advanced, 78 declined and 154 remained unchanged.
Apex Foods Limited ranked top gainer on DSE, the share price increased by Tk 34.30 paisa or 8.73 percent. On this day, the share was last traded at Tk 427.10 paisa
Miracle Industries Ltd ranked top loser on the DSE, the share price dropped by Tk 3.00 paisa or 6.06 percent. On this day, the share was last traded at Tk 46.50 paisa.
DSE topped on trade is City General Insurance Company Ltd 42 crore 46 lakh takas of shares of the company have been traded.
A total of 63 companies’ shares were traded in the Block on Dhaka Stock Exchange, 95 lakh 91 thousand 220 shares of the companies were traded. The financial value of which is 43 crore 86 lakh taka.
One of the Listed Companies, Bay Leasing & Investment Limited has recommended no Dividend for the year ended June 30, 2023.
In terms of financial performance, the company has reported Consolidated Earnings Per Share (EPS) loss of Tk. 5.88 for the year ending June 30, 2023. Consolidated Net Asset Value (NAV) per share stands at Tk. 11.93.
The Annual General Meeting (AGM) of the company will be held on November 30 through the digital platform. The record date for this has been fixed at October 18.
One of the Listed Companies, eGeneration Limited has recommended 10% cash Dividend for the year ended June 30, 2023.
In terms of financial performance, the company has reported an Earnings Per Share (EPS) of Tk. 1.45 for the year ending June 30, 2023. The Net Asset Value (NAV) per share stands at Tk. 22.50.
The Annual General Meeting (AGM) of the company will be held on December 26 through the digital platform. The record date for this has been fixed at November 8.
