Dhaka Financial institution’s revenue jumps 31% in Q2

Dhaka Financial institution Restricted’s revenue climbed greater than 31 per cent year-on-year to Tk 71.47 crore within the April-June quarter of 2023.

The non-public business lender made a revenue of Tk 54.36 crore within the equivalent quarter of 2022.

Thus, the consolidated earnings per share rose to Tk 0.71 in April-June this 12 months in opposition to Tk 0.54 in the identical interval of 2022, in accordance with the unaudited monetary statements

The EPS elevated because of an increase in curiosity earnings and a lower in provisions in opposition to loans and advances, mentioned the financial institution in a submitting on the Dhaka Inventory Change. 

The wholesome revenue within the second quarter raised earnings to Tk 131.86 crore within the first half in opposition to Tk 122.81 crore in the course of the January-June of 2022, a year-on-year spike of seven.36 per cent. So, the consolidated EPS went as much as Tk 1.31 from Tk 1.22.

The consolidated internet working money circulation per share returned to constructive territory to face at Tk 29.04 in January-June in opposition to a unfavorable Tk 16.80 in the same half of 2022.

The NOCFPS elevated on account of a fall in disbursement of loans and an increase in deposits and borrowings, the submitting mentioned.

The consolidated internet asset worth per share rose to Tk 22.05 on June 30 this 12 months from Tk 20.91 on the identical day final 12 months. Shares of Dhaka Financial institution traded at Tk 12.50 on the DSE yesterday, unchanged from a day earlier.  

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