Phoenix Ins profit declines in Apr-Jun

Phoenix Insurance Company Ltd's profit declined 18.57 per cent year-on-year in the April-June quarter of 2022.   

According to the insurer's unaudited financial statements, earnings per share fell to Tk 0.57 in the quarter from Tk 0.70 reported in the same period last year.

The EPS was Tk 1.37 in January-June, slightly lower than Tk 1.39 reported in the identical first half of 2021.

Shares of the insurer ended down 3.99 per cent yesterday.