DBH Finance’s interest income rose in the first half.

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DBH Finance’s interest income rose in the first half.

Interest income of listed DBH Finance plc rose 23.67 per cent in the first half of the current financial year 2024 (January-June). However, the company’s profit after tax declined during the period under review. This information was revealed yesterday based on the company’s second quarter (April-June) unaudited financial report.

DBH Finance’s interest income for the first half of the current financial year (January-June) was Tk. 350 crore, according to the financial report. 283 crores in the same period of the previous financial year. During the period under review the profit after tax of the company was Tk.41 crores. 49 crores in the same period of the previous financial year. Accordingly, the net profit of the company decreased by 16.33 percent.

The company’s earnings per share (EPS) for the first half of the current fiscal year 2024 stood at Tk 2.5. In the same period of the previous accounting year which was 2 taka 46 paisa. At the end of June 30, the company’s net asset value (NAVPS) stood at Tk. 44.19 paise.

The company paid a 15 percent cash dividend to investors in the financial year ending 2023. During the year under review, the company’s EPS was Tk.4.95 paise. Which was 5.11 paise (revised) in the previous financial year. The company’s NAVPS at the end of December 31 was 43.63 paise. Earlier, DBH had recommended a total dividend of 17 percent for the financial year ending 2022. Of this, 15 percent was cash and 2 percent was stock dividends.

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