Wed Aug 2, 2023 12:00 AM Final replace on: Wed Aug 2, 2023 12:00 AM
IPDC Finance Restricted’s revenue slumped 62.70 p.c year-on-year to Tk 8.16 crore within the second quarter of 2023 owing to an increase in curiosity bills, wage and allowances and provision for loans and investments.
The non-bank monetary establishment made a revenue of Tk 21.89 crore within the April-June quarter of 2022.
Thus, the earnings per share slipped to Tk 0.22 in April-June of 2023 in opposition to Tk 0.59 within the similar quarter of 2022.
The EPS declined on account of an increase in curiosity bills, wage and allowances and provision for loans and investments, based on a submitting on the Dhaka Inventory Trade.
The revenue stood at Tk 9.65 crore within the first half of 2023, which was Tk 44.16 crore within the similar interval of 2022, a lower of 78 p.c year-on-year. So, the EPS slipped to Tk 0.26 from Tk 1.19 through the interval.
The online working money stream per share, nevertheless, narrowed to Tk 4.62 damaging in January-June of 2023 from Tk 13.29 damaging throughout the identical interval final yr.
The NOCFPS elevated on account of a lower in mortgage disbursement and damaging money stream from deposits, the submitting mentioned.
The online asset worth per share fell to Tk 17.51 on June 30 from Tk 18.33 on December 31.
Shares of IPDC Finance closed unchanged at Tk 57.60 on the DSE yesterday.