Janata Ins profit up 4.3% last year

Janata Insurance Company Ltd's profit increased 4.3 per cent year-on-year to Tk 5.59 crore in the last financial year of 2022.

It made Tk 5.36 crore profit in 2021.

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The insurer reported earnings per share of Tk 1.20 for the last financial year, which was Tk 1.15 in 2021.

The net asset value per share rose to Tk 14.55 in 2022 from Tk 14.01 in 2021 while the net operating cash flow per share improved to Tk 1.85 from Tk 1.83 during the period.

The board of directors of the company recommended an 11 per cent cash dividend for the year that ended on December 31.

Shares of Janata Insurance were up 0.37 per cent to Tk 27 on the Dhaka Stock Exchange on Tuesday.