Islami Bank’s profit rises slightly

Islami Bank Bangladesh Ltd's profit grew 1.4 percent year-on-year to Tk 343.33 crore in the January-June half of 2023.

The Shariah-based private bank made a profit of Tk 338.70 crore in the identical six-month period last year. 

Thus, earnings per share increased to Tk 2.13 in the six months to June from Tk 2.10 in the same period the previous year, said the bank in a disclosure yesterday.

In April-June this year, IBBL's EPS grew to Tk 1.78 from Tk 1.58 in the same quarter of 2022. So, profits rose 12 percent to Tk 286 crore. 

It had fallen 32 per cent to Tk 57.12 crore in January-March, according to its financial statements.

IBBL shares closed at Tk 32.60 at the DSE yesterday, unchanged from a day earlier.