Uttara Bank Limited has posted an 8 per cent increase in its earnings for the first quarter (Q1) in January-March of the year 2022.
Its earnings per share (EPS) increased to Tk 0.81 in the January-March period from Tk 0.75 recorded in the same period a year ago, the company said in a filing with the Dhaka Stock Exchange (DSE) on Wednesday.
Its consolidated net operating cash flow (NOCFPS) per share turned was negative Tk 9.49 for January-March 2022 as against negative Tk 1.52 for January-March 2021.
The consolidated net asset value (NAV) of the company per share was Tk 33.68 as of March 31, 2022, and Tk 31.57 as of June 30, 2021.
The consolidated Net Operating Cash Flow Per Share (NOCFPS) has been decreased in the current period mainly due to a decrease in customer deposits, an increase in interest payment, cash payment to employees, cash payment to suppliers etc. compared to the previous corresponding period, added the notice.
In the first two hours into the trade on Wednesday, Uttara Bank's share price was Tk 23.40, remaining unchanged from Tuesday. The price moved between Tk 22.60 and Tk 29.50 throughout the last year.
Listed in 1984, the company has Tk 1,506 crore in market capitalisation, Tk 643 crore in paid-up capital, and Tk 1,210 crore in surplus reserves.
