Islami Bank’s profit rises slightly despite fall in third quarter

Business Desk :
Islami Bank Bangladesh Ltd (IBBL), country’s largest Shariah-based bank, registered a marginal increase in its profit in the first nine months of the current year although its earnings declined in the third quarter, it said on Sunday.
Earnings per share (EPS) of the bank grew to Tk 2.72 in January-September period this financial year from Tk 2.71 the same period a year ago, according to a disclosure on Dhaka Stock Exchange (DSE).
The bank has 160.99 crore shares outstanding, according to the DSE.
As such, Islami bank’s net profit rose to around Tk 438 crore in the first nine months of the current financial year ending in December this year from nearly Tk 436 crore the same period a year ago.