In January through March, Dutch-Bangla Bank recorded Tk 125 crore in profit.

Shining BD Desk || Shining BD

Published: 5/15/2023 10:21:24 AM

In the first quarter of the current fiscal year, Dutch-Bangla Bank Ltd. reported an increase in profit of 11.80% year over year to Tk 125.24 crore.


 

In the period from January to March 2022, the private commercial lender earned Tk 112,02 crore.

According to the unaudited financial statements, the earnings per share increased to Tk 1.80 in the first quarter of 2023 from Tk 1.61 in the corresponding quarter of 2022.

From Tk 1.65 to Tk 5.03, the net operating cash flow per share increased. According to a post by the bank on the Dhaka Stock Exchange, the increase in deposits and the recovery of loans and advances were the primary causes of the NOCFPS's rise.

The net asset value per share increased from Tk 59.85 on December 31 to Tk 61.65 on March 31.

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