Standard Insurance makes Tk 10.17 crore profit in 2022

Standard Insurance Limited posted a 2.6 per cent year-on-year increase in profit to Tk 10.17 crore in 2022. 

The profit stood at Tk 9.91 crore in 2021. 

The insurer reported earnings per share of Tk 2.35 for 2022 against Tk 2.29 a year ago. 

The net asset value per share rose to Tk 20.77 from Tk 19.84 in 2021 while the net operating cash flow per share slipped to Tk 2.19 from Tk 4.12 during the period. 

The board of directors of Standard Insurance has recommended a 13 per cent cash dividend for the year that ended on December 31.