Purabi General Insurance posts 17% rise in Q3 earnings

Purabi General Insurance Company Limited has posted about a 17-percent increase in its earnings in the third quarter ended on September 30, 2021 as against the same quarter last year.

Its earnings per share (EPS) stood at Tk 0.28 in the Q3, an increase of 17 percent from Tk 0.24 recorded in the same period a year earlier, said the insurer in a filing with the Dhaka Stock Exchange on Thursday.

As of September 30, 2021, the company’s net asset value (NAV) per share stood at Tk 13.16 against Tk 12.39 as on September 30, 2020.

Meanwhile, the company’s earnings per share (EPS) for the first nine months of the current financial year (January-September) stood at Tk 1.07.

The earnings per share (EPS) for the same period of the previous financial year were Tk 0.88. As a result, the company’s profit has increased by Tk 0.19 or 22 percent.