Mercantile Insurance’s Q2 earnings remain unchanged

Mercantile Insurance Co Ltd’s Q2 (April-June) earnings remained unchanged. 

In a filing with Dhaka Stock Exchange on Sunday, the insurance company said that its earnings per share (EPS) was Tk0.07 for the Q2 of 2021 as against Tk0.07 for the same period of 2020. 

However, the EPS was Tk0.79 for the first six months of 2021, which is a 97.5% increase from Tk0.40 for the first six months of 2020. 

Meanwhile, its net asset value (NAV) per share was Tk19.85 as of June 30, 2021, and Tk19.05 as of December 31, 2020.

Mercantile Insurance last offered a 10% cash dividend to its shareholders back in the year 2020. Its closing price was Tk54.3 during Sunday's trade.