DBH's earnings per share up by 88pc
Wednesday, 27 January 2010
FE Report
Delta Brac Housing Finance Corporation Ltd. (DBH)'s earnings per share (EPS) has increased to Tk. 47 in the first six months of the current financial year ended December 31, 2009.
This is about 88 percent increase against Tk 25 of the corresponding period of the previous year.
This was stated in the results of the half-yearly unaudited financial statements of DBH announced Tuesday.
According to the financial statements, the operating profit of the company stood at Tk. 343.2 million for the six month period as against Tk. 216.5 million in the corresponding period of the previous year showing a growth of 58.52 percent.
As of December 31, 2009, the total funds under management of DBH stood at Tk. 26.07 billion, customer deposits have increased to Tk. 11.37 billion and loans and advances have increased to Tk 14.70 billion.
The non-performing loans (NPL), which is amongst the lowest in the financial sector, remains below 0.5 per cent in the six month of the current financial year despite sluggish domestic economic trend due to global economic recession.
Delta Brac Housing Finance Corporation Ltd. (DBH)'s earnings per share (EPS) has increased to Tk. 47 in the first six months of the current financial year ended December 31, 2009.
This is about 88 percent increase against Tk 25 of the corresponding period of the previous year.
This was stated in the results of the half-yearly unaudited financial statements of DBH announced Tuesday.
According to the financial statements, the operating profit of the company stood at Tk. 343.2 million for the six month period as against Tk. 216.5 million in the corresponding period of the previous year showing a growth of 58.52 percent.
As of December 31, 2009, the total funds under management of DBH stood at Tk. 26.07 billion, customer deposits have increased to Tk. 11.37 billion and loans and advances have increased to Tk 14.70 billion.
The non-performing loans (NPL), which is amongst the lowest in the financial sector, remains below 0.5 per cent in the six month of the current financial year despite sluggish domestic economic trend due to global economic recession.