Published :
Updated :
For all latest news, follow The Financial Express Google News channel.
Dhaka Bank posted a 161 per cent increase in its second quarter (Q2) earnings for April-June 2021 compared to the same quarter of the previous year, thanks to rising operating income.
In a filing with Dhaka Stock Exchange (DSE) Wednesday, the bank said its consolidated earnings per share (EPS) rose to Tk 0.47 for April-June 2021, up by a whopping 161 per cent, from Tk 0.18 in the corresponding period.
The bank’s consolidated EPS for six months until June 30, 2021 also increased to Tk 1.10 as against Tk 0.79 for the same period of the previous year.
The consolidated net operating cash flow per share (NOCFPS) was Tk 3.98 for January-June 2021 as against minus Tk 5.81 for January-June 2020.
The consolidated net asset value (NAV) per share was Tk 20.97 as on June 30, 2021 and Tk 19.60 as on June 30, 2020.
The bank has informed that EPS increased due to the increase of total operating income by Tk 718.4 million (Tk. 2898.10 million in Q2 of 2021, whereas Tk 2179.70 million was in Q2 of 2020).
Each share of the bank, which was listed on the DSE in 2000, closed at Tk 15 on Tuesday. Its shares traded between Tk 11 and Tk 17 in last year.
The bank disbursed 6.0 per cent cash and 6.0 per cent stock dividend for the year ended on December 31, 2020. In 2019, it had paid 5.0 per cent cash and 5.0 per cent stock dividend.
The company’s paid-up capital is Tk 9.49 billion, authorised capital is Tk 10 billion and the total number of securities is 949.62 million.
The sponsor-directors own 41.12 stakes in the bank while the institutional investors own 13.56 per cent and the general public 45.32 per cent as of July 31, 2021, the DSE data show.