IDLC Finance makes Tk 191.64 crore profit in 2022

IDLC Finance Ltd posted a Tk 191.64 crore profit in the financial year that ended on December 31 of 2022, down 9.43 per cent year-on-year. 

The non-bank financial institution made a profit of Tk 211.59 crore in 2021.

The company, thus, reported consolidated earnings per share of Tk 4.61 for 2022 against Tk 5.09 a year earlier.

The consolidated net asset value per share improved to Tk 43.56 last year from Tk 40.39 in 2021 while the consolidated net operating cash flow per share turned a negative of Tk 21.10 from Tk 44.90 during the period.

The board of directors of IDLC Finance has recommended a 15 per cent cash dividend for the year that ended on December 31, according to a filing on the Dhaka Stock Exchange today.