Export Import (Exim) Bank of Bangladesh Limited has posted a 400 per cent increase in its earnings for the first quarter (Q1) of 2022.
Its earnings per share (EPS) increased to Tk 0.25 in the January-March period from Tk 0.05 recorded in the same period a year ago, the company said in a filing with the Dhaka Stock Exchange (DSE) on Thursday.
EPS increased due to a decrease in provision for investments, said the Exim Bank in a notice.
Its consolidated net operating cash flow per share (NOCFPS) turn was negative Tk 15.82 for January-March 2022 as against negative Tk 1.16 for January-March 2021.
The consolidated NOCFPS has been decreased in the current period mainly due to a decrease in trading liabilities (borrowings) and decreases in deposits compared to the previous period, added the notice.
The consolidated net asset value (NAV) of the company per share was Tk 21.97 as of March 31, 2022, and Tk 21.18 as of June 30, 2021.
In the first two hours into the trade on Thursday, Exim Bank's share price was Tk 12.30.
