Paramount Insurance’s Q1 earnings comes out of negative territory

Paramount Insurance Company Ltd’s first quarterly (January-March) earnings finally came out of the negative territory.

In a filing with the Dhaka Stock Exchange on Thursday, the company said that its earnings per share (EPS) was Tk 1.01 for the first quarter of 2021, a massive 821.43 percent increase from Tk 0.14 in the negative during the same period of last year. 

Meanwhile, net asset value (NAV) per share was Tk. 27.13 as of March 31, 2021, and Tk 26.62 as of December 31, 2020.