Asia Pacific General Ins made Tk 10cr profit in 2022

Asia Pacific General Insurance Co Ltd made a Tk 10.04 crore profit in the financial year that ended on December 31.

This was an increase of 1.72 per cent from the Tk 9.87 crore profit the insurer reported in 2021.

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The company, thus, reported earnings per share of Tk 2.37 for the last financial year against Tk 2.33 in 2021.

The net asset value per share rose to Tk 22.53 from Tk 21.96 while the net operating cash flow per share slipped to Tk 2.54 from Tk 4.02 during the period.

The board of directors has recommended a 15 per cent cash dividend for 2022.

Asia Pacific General Insurance shares were up 1.38 per cent at Tk 44.20 on the Dhaka Stock Exchange yesterday.