Sena Kalyan Ins makes Tk 11cr profit in 2022

Sena Kalyan Insurance Company Limited made a profit of Tk 11.44 crore in 2022, down more than 25 per cent year-on-year.

The insurer reported a profit of Tk 15.32 crore in 2021. Thus, the insurer reported earnings per share of Tk 2.86 for the last financial year, which was Tk 3.83 in 2021.

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The net asset value per share of Sena Kalyan Insurance slipped to Tk 20.17 last year from Tk 26.99 in 2021, while the net operating cash flow per share fell to Tk 4.45 from Tk 8.89.

The EPS, the NOCFPS and the NAVPS decreased due to an increase in the number of shares, said the insurance company in a filing on the Dhaka Stock Exchange.

The board of directors has recommended a 12 per cent cash dividend for the year that ended on December 31.

Shares of Sena Kalyan Insurance were down 7.28 per cent to Tk 48.40 on the DSE yesterday.