Green Delta Insurance’s profit falls 58% in January-March
Green Delta Insurance Ltd reported a 58 per cent year-on-year decline in profit to Tk 7.41 crore in the first quarter of 2023.
The profit stood at Tk 17.83 crore in the identical January-March quarter of 2022.
The insurer said its consolidated earnings per share were Tk 0.74 in the quarter, down from Tk 1.78 in January-March a year earlier.
The consolidated net operating cash flow per share plummeted to Tk 0.02 from Tk 0.67.
Green Delta's consolidated net asset value per share rose to Tk 69.94 on March 31 from Tk 68.96 on December 31.
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