GDIL makes Tk73.14cr profit in 2022

Business Desk :
Green Delta Insurance Ltd (GDIL) posted a Tk 73.14 crore profit in 2022, a decline of 13.40 per cent year-on-year owing to a reduction in the earnings of subsidiaries and higher expenses against claims.
The insurance company made a profit of Tk 84.46 crore in 2021.
Thus, Green Delta Insurance reported consolidated earnings per share of Tk 7.30 for last year against Tk 8.43 in 2021.
“Consolidated EPS decreased due to a fall of subsidiaries’ profit and increased claim expenses,” it said in a posting on the Dhaka Stock Exchange on Wednesday.
The consolidated net asset value per share dropped to Tk 68.96 in 2022 from Tk 69.32 in 2021 while the consolidated net operating cash flow per share returned to positive territory at Tk 5.94 from a negative Tk 1.70.