IDLC Finance performed mixed in operating income during the last five years.
The company reported its operating income of Tk 4.81 billion for 2019, Tk 4.70 billion in 2018, Tk 4.80 billion in 2017, Tk 4.43 billion in 2016 and Tk 3.96 billion in 2015.
Its net profit rose gradually since 2015 to 2018, while the amount declined marginally in 2019.
The company reported its net profit of above Tk 1.52 billion for the year ended December 31, 2019.
The company's net profit was above Tk 1.24 billion in 2015, above Tk 1.49 billion in 2016, above Tk 1.58 billion in 2017 and
above Tk 1.59 billion in 2018, according to annual report published for the year ended on December 31, 2019.
The IDLC Finance reported its consolidated EPS of Tk. 4.51, consolidated NAV per share of Tk. 37.18 and consolidated NOCFPS of Tk. (9.12), a negative value, for the year ended on December 31, 2019 as against Tk. 5.76, Tk. 36.17 and Tk. 11.05 respectively for the same period of the previous year.
The board of directors has recommended 35 per cent cash dividend for the year ended on December 31, 2019.
The company disbursed 35 per cent cash dividend for 2018, 30 per cent cash for 2017, 30 per cent cash for 2016 and 25 per cent cash for 2015.
The company's dividend yield was 7.71 per cent in 2019, 5.02 per cent in 2018, 3.52 per cent in 2017, 5.26 per cent in 2016 and 3.93 per cent in 2015.
The dividend yield is the ratio of a company's annual dividend compared to its share price.
Lease and term loans distributed by IDLC Finance gradually rose since 2015 to 2019. The amount was above Tk 22.14 billion in 2015, above Tk 29.80 billion in 2016, above Tk 35.51 billion in 2017, above Tk 39.40 billion in 2018 and Tk 41.41 billion in 2019.
During the period, the company's real estate finance assets also rose gradually. The company reported its real estate finance assets worth Tk 17.20 billion in 2015, Tk 18.10 billion in 2016, Tk 21.46 billion in 2017, Tk 25.13 billion in 2018 and Tk 28.16 billion in 2019.
The company's return on total assets was mixed in last five years. Return on total assets reported by the IDLC Finance was 1.93 per cent in 2015, 2.02 per cent in 2016, 1.87 per cent in 2017, 1.61 per cent in 2018 and 1.38 per cent in 2019.
The return on total assets is defined as the ratio between net income and total average assets, or the amount of financial and operational income a company receives in a financial year as compared to the average of that company's total assets.
IDLC, presently an 'A' category company, was listed on the stock exchanges in 1992.
The company's sponsor-directors hold 56.66 per cent shares, institutes 20.56 per cent, foreign investors 12.18 per cent and general public 10.59 per cent as on February 29, 2020.
The company's share price closed at Tk 41.80 each on Thursday with a rise of 16.43 per cent or Tk 5.90 on the Dhaka Stock Exchange (DSE).
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