The Financial Express

One Bank's second quarter earnings fall 86pc

| Updated: July 27, 2018 10:56:04

One Bank's Q2 earnings fall 86pc

The earnings per share (EPS) of One Bank Limited significantly declined for April-June (Q2), 2018 compared to same period of the previous year.

The bank's net operating cash flow per share (NOCFPS), however, rose for the same period.

According to un-audited financial statement for Q2, the consolidated EPS of the company declined 86 per cent to Tk 0.09 for the second quarter of 2018 compared to same period of the previous year.

The company's consolidated EPS was Tk 0.64 for April-June, 2017.

The bank's consolidated EPS was Tk 0.40 for January-June, 2018 as against Tk 1.81 for January-June, 2017.

The bank reported its consolidated NOCFPS of Tk 12.83 for January-June, 2018 as against Tk 7.22 for January-June, 2017.

The consolidated NAV (net asset value) per share was Tk 17.51 as on June 30, 2018 and Tk 18.55 as on December 31, 2017.

On Wednesday, the bank's share price declined 3.29 per cent or Tk 0.5 to close at Tk 14.70 each on the Dhaka Stock Exchange (DSE).

The company has recommended 15 cash and 5.0 per cent stock dividend for the year ended on December 31, 2017.

The bank's sponsor-directors hold 30.02 per cent shares while institutions hold 14.83 per cent, foreigners 6.62 per cent and general public 48.53 per cent as of June 30, 2018.

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