SBAC Bank disclose second Quarter earnings report

After completing the initial public offering (IPO) process, South Bengal Agriculture and Commerce Bank has released its unaudited financial report for the second quarter of the current financial year (January ’21-June’21). This information has been known from DSE sources.

It is learned that the company’s consolidated earnings per share (EPS) for the first six months of the current financial year (January ’21-June’21) was Tk 0.31. Profit (EPS) for the same period of the previous financial year was Tk 0.49. As a result, the company’s profit has decreased by Tk 0.18 or 37 percent.

On June 30, 2021, the bank’s consolidated assets per share (NAVPS) stood at Tk 15.28.

Sunbd/NJ