Pragati Insurance Reports Strong H1 Earnings

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Pragati Insurance Reports Strong H1 Earnings

Listed non-life insurer Pragati Insurance Ltd. posted a 38 percent year-on-year increase in earnings per share (EPS) during the first half of 2026, driven by higher operating and other income.

The company’s unaudited financial statements for the second quarter (April-June), disclosed through the Dhaka Stock Exchange (DSE) on Monday, showed that EPS for the January-June period rose to Tk 3.11, up from Tk 2.26 in the corresponding period of 2025.

For the second quarter alone, EPS increased to Tk 1.52, compared with Tk 1.23 a year earlier, marking a nearly 24 percent year-on-year growth.

As of June 30, 2026, the company’s net asset value per share (NAVPS) stood at Tk 57.43.

Pragati Insurance said the improvement in earnings was mainly due to higher operating income and increased income from other sources. The company also reported stronger cash flow from operating activities, supported by higher premium collection and growth in other income.

For the 2025 financial year, Pragati Insurance reported an EPS of Tk 5.31. Based on its annual performance, the board recommended a 27 percent cash dividend and a 3 percent stock dividend for shareholders.

The company’s annual general meeting (AGM), which approved the declared dividends and other agenda items, was held on June 18.

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