Crystal Insurance Company Limited's profit declined 3.88 per cent year-on-year to Tk 10.88 crore in the financial year that ended on December 31.

The profit was Tk 11.32 crore in 2021.

The company reported earnings per share of Tk 2.72 for the last financial year, down from Tk 2.83 a year ago.

The net asset value per share rose to Tk 24.31 in 2022 from Tk 22.80 a year ago, while the net operating cash flow per share surged to Tk 6.08 from Tk 2.80 during the period.

The board of directors of the insurer has recommended a 10 per cent cash dividend for 2022.

Crystal Insurance's shares closed 3.13 per cent higher at Tk 36.20 on the Dhaka Stock Exchange on Tuesday.