Islami Insurance Bangladesh Limited Reports Unaudited Earnings Results for the First Quarter Ended March 31, 2012
Islami Insurance Bangladesh Limited reported unaudited earnings results for the first quarter ended March 31, 2012. For the quarter, net premium was BDT 49,052,101 against BDT 40,518,486 a year ago. Underwriting result was BDT 13,107,452.20 against BDT 2,866,307.00 a year ago. Net profit before tax was BDT 15,652,327 against BDT 7,098,094.00 a year ago. Available profit after tax was BDT 8,575,009.01 against BDT 3,892,325.00 a year ago. EPS was BDT 0.48 against BDT 0.44 a year ago. Net cash flow from operating activities was BDT 17,943,508.00 against BDT 11,082,653.00 a year ago. Acquisition of fixed assets was BDT 100,000.00 against BDT 5,129,698.00 a year ago.