Md. Ahsan-uz Zaman, Managing Director and CEO of Midland Bank Limited, inaugurates the bank’s ‘Half Yearly Business Review Conference 2023’ held at its head office in the capital recently. Senior management team and head of divisions of the bank were present.

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.