Islami Bank posts lower profits in second quarter

Islami Bank Bangladesh Ltd posted a lower profit in the April-June quarter of 2022 compared to a year ago.

The consolidated earnings per share were Tk 1.58 in April-June against Tk 1.61 in the same quarter of 2021.

The consolidated EPS, however, slightly improved to Tk 2.10 in the January-June period compared to Tk 2.08 in the first half of 2021.

Consolidated per share net operating cash flows were Tk 12.29 in the negative in the first half this year against Tk 37.76 in the same period last year.

Consolidated net asset value was Tk 41.73 per share on June 30 of 2022 and Tk 39.97 on June 30 of 2021.