Northern Islami Insurance’s Q2 earnings plunges

The Q2 (April-June) earnings of Northern Islami Insurance Limited have decreased by 11.11%.

In a filing with Dhaka Stock Exchange on Monday, the company said that its earnings per share (EPS) was Tk0.24 for April-June 2021 as against Tk0.27 for the same period of the previous year.

Meanwhile, its net asset value (NAV) per share stood at Tk21.07 as of June 30, 2021, and Tk20.30 as of June 30, 2020.

The insurance company last offered a 10% cash dividend back in the year 2019. The closing price for each of its shares was Tk56.4 during Monday’s session.