Sena, Crystal Insurance slide on DSE despite higher profits

Sena Insurance and Crystal Insurance experienced price erosion on the prime bourse on Tuesday despite reporting a year-on-year increase in profit for 2025.

Army-run general insurer Sena Insurance reported a 20.51 per cent higher profit of Tk 206.8 million in 2025 compared to the year before.

Sena Insurance, a concern of Sena Kalyan Sangstha (SKS) of the Bangladesh Armed Forces, declared a 15 per cent cash dividend for shareholders for 2025.

Despite the increase in profit, cash flow from operations fell to Tk 5 per share in 2025 from Tk 7.23 in 2024.

Meanwhile, after the earnings disclosure, the stock of Sena Insurance slid 3.13 per cent to Tk 58.60 per share on Tuesday on the Dhaka Stock Exchange (DSE).

In a separate disclosure, Crystal Insurance Company Limited reported a 6.71 per cent higher profit of Tk 146.96 million in 2025 compared to 2024.

With a stable credit rating of "AA2", the company declared a 12 per cent cash dividend for 2025. Its cash flow from operations also declined to Tk 1.74 per share in 2025 from Tk 2.20 in 2024.

Neither insurer provided any explanation for the shrinking cash flow.

After the earnings disclosure, the share price of Crystal Insurance also declined 4.58 per cent to Tk 80.00 per share on Tuesday on the DSE.

farhan.fardaus@gmail.com