Peoples Insurance makes Tk 12cr profit in 2022

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Peoples Insurance Company Ltd made a Tk 12.06 crore profit in the financial year that ended on December 31.

This was up 1.17 per cent from the Tk 11.92 crore profit the insurer registered in 2021.

Peoples Insurance, thus, posted earnings per share of Tk 2.61 for 2022 against Tk 2.58 in 2021.

The net asset value per share rose to Tk 31.44 from Tk 30.08 while the net operating cash flow per share declined to Tk 3.49 from Tk 4.66 a year earlier.

The board of directors of Peoples Insurance has recommended a 10.50 per cent cash dividend for the last financial year.

Shares of the company closed unchanged at Tk 31.90 on the Dhaka Stock Exchange yesterday.  





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