City Bank organized its earnings disclosure webcast event based on Q2, 2022 financial performances.
The event was held on July 28 over a digital platform. Existing and potential investors across the globe, researchers and analysts and many other individuals involved in capital market activities joined the event on web platforms, reads a press release.
Consolidated earnings per share (EPS) of the bank was recorded at Tk2.04 for the period from January to June, 2022 against that of Tk2.16 during the same period last year.
The bank also reported Tk2,172.18 million consolidated profit after tax during the period from January to June 2022, which was Tk2,307.30 million during the same period of last year.
On a solo basis, however, the bank’s profit after tax has increased by Tk100 million in the first six months of the year compared with the same period of last year. Last year’s Tk1958 million reached Tk2061 million in this year’s first half.
The event started with the presentation on the Q2, 2022 financial performance of the bank by AMD & Chief Financial Officer of the bank Md Mahbubur Rahman, followed by a speech from Managing Director & CEO Mashrur Arefin who briefly discussed current strategies.
After that, the event was opened for a Q&A session, where participants shared their concerns and queries which were responded to by the management.
The bank attracted much attention from investment communities across the globe in recent years through its noticeable presence & growth among the PCBs and its initiatives. This event is part of the bank’s continuous efforts to scale up investor relations.
