• Wednesday, Dec 01, 2021
  • Last Update : 02:36 pm

Q3 earnings of Al-Arafah Islami Bank drop

  • Published at 06:30 pm October 26th, 2021
stock-market
Representational image Bigstock

Al-Arafah Islami Bank offered a 15% cash dividend to its shareholders in 2020

The Q3 (July-September) earnings of Al-Arafah Islami Bank has dropped by 24%.

In a filing with Dhaka Stock Exchange on Tuesday, the bank said that its consolidated earnings per share (EPS) was Tk0.38 for the Q3 of 2021 as against Tk0.50 for the Q3 of 2020.

Meanwhile, its consolidated net asset value (NAV) per share stood at Tk22.39 as of September 30, 2021, and Tk21.18 as of September 30, 2020. 

Al-Arafah Islami Bank offered a 15% cash dividend to its shareholders in 2020. During Tuesday’s trade, its closing price was Tk26.2.

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