Phoenix Insurance’s Q2 earnings rises

Phoenix Insurance Company Ltd has reported a 150% increase in its Q2 (April-June) earnings. 

In a filing with Dhaka Stock Exchange on Thursday, the insurance company said that its earnings per share (EPS) was Tk0.70 for the Q2 of 2021 as against Tk0.28 for the same period of 2020.

Meanwhile, its net asset value (NAV) per share was Tk41.83 as of June 30, 2021, and Tk36.04 as of June 30, 2020.

Earlier in the year 2020, Phoenix Insurance Company offered a 15% cash dividend to its shareholders. Its closing price was Tk64 during Thursday’s trade.