Asia Ins approves 10pc cash dividend

FE Desk Report | Published: June 13, 2019 10:24:12 | Updated: June 13, 2019 15:40:04

Asia Insurance Limited has approved 10.0 per cent cash dividend for the year ended on December 31, 2018.

The approval came at the company’s 19th annual general meeting (AGM) held at the Spectra Convention Centre in the city on Wednesday.

Presided over by the company's sponsor director and Chairman Yussuf Abdullah Harun, the meeting approved the dividend.

The company's Managing Director & CEO Md Imam Shaheen spoke at the meeting, says a media release.

During the year, the company earned a gross premium of Tk 61,70, 32,654. The profit before tax was Tk 9,37,87,357. The company's total assets at the end of the year stood at Tk 161,68,01,682.

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