Stocks
Midland Bank briefs on Q3 Financials
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.
Dhaka Stock Exchange DSE, Bourse on the second working day of the week, April 29th, ended with a drop in Indices and hike in Turnover from the previous working session. This information is known from DSE sources.
663 crore 43 lakh taka shares were traded on this day. 49 crore 48 lakh more tradings were done in DSE today compared to the previous workday, 28th April , Shares worth Tk 613 crores 95 lakh shares were traded last time, Sunday.
The benchmark DSEX lost 46.15 points or 5,569 The Shariah-based index DSES dropped 12.36 points or 1,221, and the blue-chip index DS30 decreased by 2.14 points or 1,993.
Of the issues traded, 86 advanced, 277 declined and 34 remained unchanged.
JMI Syringe & Medical Devices Limited ranked top gainer on DSE, the share price increased by Tk 13.9 paisa or 9.98 percent. On this day, the share was last traded at Tk 153.10 paisa.
Asia Pacific Insurance Co. Limited ranked top loser on the DSE, the share price dropped by Tk 1.70 paisa or 3.77 percent. On this day, the share was last traded at Tk 43.30 paisa.
DSE topped on trade is Asiatic Laboratories Limited 42 crore 92 lakh takas of company shares have been traded.
4 Listed Companies, NRB Bank, Bank Asia, Dhaka Bank & Midland Bank PLC Declares their Dividends for the year ended December 2023. This Information is Known from DSE Sources.
NRB Bank: has recommended 10% Cash Dividend for the General Securities Holders other than Sponsors and Directors and 6% Cash Dividend for the Sponsors and Directors for the year ended December 31, 2023.
In terms of financial performance, The Company has also reported Consolidated EPS of Tk. 1.35 for the year ended December 31, 2023. Consolidated NAV per share of Tk. 13.78 paisa.
The Annual General Meeting (AGM) of the company will be held on June 27, through the digital platform. The record date for this has been fixed at June 2.
Bank Asia: has recommended 15% Cash Dividend for the year ended December 31, 2023.
In terms of financial performance, The Company has also reported Consolidated EPS of Tk. 1.79 for the year ended December 31, 2023. Consolidated NAV per share of Tk. 25.22 paisa.
The Annual General Meeting (AGM) of the company will be held on June 23, through the digital platform. The record date for this has been fixed at May 20.
Dhaka Bank: has recommended 10% Cash Dividend for the year ended December 31, 2023.
In terms of financial performance, The Company has also reported Consolidated EPS of Tk. 1.66 for the year ended December 31, 2023. Consolidated NAV per share of Tk. 22.26 paisa.
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 19.
Midland Bank: has recommended 5% Cash Dividend for the year ended December 31, 2023.
In terms of financial performance, The Company has also reported Consolidated EPS of Tk. 1.77 for the year ended December 31, 2023. Consolidated NAV per share of Tk. 14.31 paisa.
The Annual General Meeting (AGM) of the company will be held on June 13, through the digital platform. The record date for this has been fixed at May 20.
One of the Listed companies, Pragati Insurance Limited has recommended 20% Cash Dividend & 7% stock Dividend for the year ended December 31, 2023.
In terms of financial performance, The Company has also reported EPS of Tk. 5.36 for the year ended December 31, 2023. NAV per share of Tk. 58.97 paisa.
The Annual General Meeting (AGM) of the company will be held on June 26, through the digital platform. The record date for this has been fixed at May 27.
