Stocks
3 Firms Profit Sinks in last 9 months
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.
Dhaka Stock Exchange DSE, Bourse on the last working day of the week, 2nd May, ended with a hike in Indices and Turnover from the previous working session. This information is known from DSE sources.
710 crore 62 lakh taka shares were traded on this day. 125 crore 9 lakh more tradings were done in DSE today compared to the previous workday, 30th April , Shares worth Tk 835 crores 72 lakh shares were traded last time, Tuesday.
The benchmark DSEX added 30.99 points or 5,615 The Shariah-based index DSES gained 4.92 points or 1,232, and the blue-chip index DS30 increased by 12.55 points or 2,007.
Of the issues traded, 207 advanced, 140 declined and 48 remained unchanged.
Sinobangla Industries Limited ranked top gainer on DSE, the share price increased by Tk 4.00 paisa or 9.95 percent. On this day, the share was last traded at Tk 44.20 paisa.
Rupali Bank PLC ranked top loser on the DSE, the share price dropped by Tk 4.10 paisa or 15.07 percent. On this day, the share was last traded at Tk 23.10 paisa.
DSE topped on trade is Sonali Aansh Limited 63 crore 49 lakh takas of company shares have been traded.
A total of 43 companies’ shares were traded in the Block on Dhaka Stock Exchange. A total of 1 crore 67 lakh 76 thousand 965 shares of the companies were traded. The financial value of which is 70 crore 01 lakh taka
8 listed mutual funds disclose their financial reports for the third quarter, (January – March 24). This information is known from DSE sources.
SEML FBLSL Growth Fund: earnings per unit (EPU) loss Tk 0.74 paisa in Q3 of the current financial year (January – March 24). EPU was Tk 0.08 paisa during the same period last year. NAV per unit at Market Price was Tk. 9.35 as of March 31, 2024 & NAV per unit at Cost Price was Tk. 10.50 as of March 31, 2024.
SEML Lecture Equity Management Fund: earnings per unit (EPU) loss Tk 0.55 paisa in Q3 of the current financial year (January – March 24). EPU was Tk 0.11 paisa during the same period last year. NAV per unit at Market Price was Tk. 9.47 as of March 31, 2024 & NAV per unit at Cost Price was Tk. 11.12 as of March 31, 2024.
AB Bank 1st Mutual Fund: earnings per unit (EPU) loss Tk 1.24 paisa in Q3 of the current financial year (January – March 24). EPU was Tk 0.04 paisa during the same period last year. NAV per unit at Market Price was Tk. 8.87 as of March 31, 2024 & NAV per unit at Cost Price was Tk. 11.22 as of March 31, 2024.
Popular Life First Mutual Fund: earnings per unit (EPU) loss Tk 1.55 paisa in Q3 of the current financial year (January – March 24). EPU was Tk 0.04 paisa during the same period last year. NAV per unit at Market Price was Tk. 8.49 as of March 31, 2024 & NAV per unit at Cost Price was Tk. 10.98 as of March 31, 2024.
EBL NRB Mutual Fund: earnings per unit (EPU) loss Tk 1.50 paisa in Q3 of the current financial year (January – March 24). EPU was Tk 0.05 paisa during the same period last year. NAV per unit at Market Price was Tk. 8.67 as of March 31, 2024 & NAV per unit at Cost Price was Tk. 10.97 as of March 31, 2024.
PHP First Mutual Fund: earnings per unit (EPU) loss Tk 1.50 paisa in Q3 of the current financial year (January – March 24). EPU was Tk 0.02 paisa during the same period last year. NAV per unit at Market Price was Tk. 8.54 as of March 31, 2024 & NAV per unit at Cost Price was Tk. 10.93 as of March 31, 2024.
Green Delta Mutual Fund: earnings per unit (EPU) loss Tk 0.94 paisa in Q3 of the current financial year (January – March 24). EPU was loss Tk 0.02 paisa during the same period last year. NAV per unit at Market Price was Tk. 9.06 as of March 31, 2024 & NAV per unit at Cost Price was Tk. 10.33 as of March 31, 2024.
DBH First Mutual Fund: earnings per unit (EPU) loss Tk 1.07 paisa in Q3 of the current financial year (January – March 24). EPU was loss Tk 0.018 paisa during the same period last year. NAV per unit at Market Price was Tk. 8.92 as of March 31, 2024 & NAV per unit at Cost Price was Tk. 10.19 as of March 31, 2024.
One of the Listed companies, Standard Bank PLC has recommended 2.5% Cash Dividend & 2.5% stock Dividend for the year ended December 31, 2023.
In terms of financial performance, The Company has also reported Consolidated EPS of Tk. 1.27 for the year ended December 31, 2023. NAV per share of Tk. 16.93 paisa.
The Annual General Meeting (AGM) of the company will be held on July 29, through the digital platform. The record date for this has been fixed at June 11.
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