DSEX rises, but turnover down
Business Report :
Dhaka Bank Limited’s profit climbed more than 31 percent year-on-year to Tk 71.47 crore in the April-June quarter of 2023.
The private commercial lender made a profit of Tk 54.36 crore in the identical quarter of 2022.
Thus, the consolidated earnings per share rose to Tk 0.71 in April-June this year against Tk 0.54 in the same period of 2022, according to the unaudited financial statements
The EPS increased thanks to a rise in interest income and a decrease in provisions against loans and advances, said the bank in a filing on the Dhaka Stock Exchange.
The healthy profit in the second quarter raised earnings to Tk 131.86 crore in the first half against Tk 122.81 crore during the January-June of 2022, a year-on-year spike of 7.36 percent. So, the consolidated EPS went up to Tk 1.31 from Tk 1.22.
