Credited the Stock Dividend for the year 2012 to the respective shareholders' BO Accounts on 10.04.2013.
The Board of Directors has recommended stock dividend @ 30% for the year ended on December 31, 2012. Date of AGM: 28.03.2013, Time: 11:30 AM, Venue: Samarai Convention Center, 23/G/7, Panthapath, Dhaka. Record Date: 13.03.2013. The Company has also reported net profit after tax of Tk. 153.39 million, EPS of Tk. 4.06, NAV per share of Tk. 23.29 and NOCFPS of Tk. 4.87 for the year ended on December 31, 2012.
(Q3): As per un-audited quarterly accounts for the 3rd quarter ended on 30th September 2012 (July'12 to Sep'12), the Company has profit after tax of Tk. 13.85 million with EPS of Tk. 0.36 as against Tk. 77.03 million and Tk. 2.04 respectively for the same period of the previous year. Whereas profit after tax was Tk. 112.06 million with EPS of Tk. 2.96 for the period of nine months (Jan'12 to Sep'12) ended on 30.09.2012 as against Tk. 163.90 million and Tk. 4.33 respectively for the same period of the previous year.
As per un-audited half yearly accounts as on 30.06.12 (Jan'12 to June'12), the Company has profit after tax of Tk. 98.22 million with EPS of Tk. 2.60 as against Tk. 86.88 million and Tk. 2.30 respectively for the same period of the previous year. Whereas profit after tax was Tk. 51.01 million with EPS of Tk. 1.35 for the period of 3 months (Apr'12 to June'12) ended on 30.06.12 as against Tk. 45.78 million and Tk. 1.21 respectively for the same period of the previous year.
The Rating Committee of CRISL has announced the CPA (Claim Paying Ability) Rating of the Company as "AA" in consideration of financials of the Company up to 31st December 2011 (audited) and other relevant quantitative as well as qualitative information up to the date of rating declaration
(Q1): As per un-audited quarterly accounts for the 1st quarter ended on 31st March 2012 (Jan'12 to Mar'12), the Company has profit after tax of Tk. 47.21 million with EPS of Tk. 1.25 as against Tk. 41.10 million and Tk. 1.09 (restated) respectively for the same period of the previous year.
Dear Viewers,
Warm reception to the visitors of our website. Eastland the name you have learnt to trust. We are well equipped with latest technology and a team of astute and experienced personnel to meet your all insurance needs; such as. Fire, Industrial All Risk, Marine Cargo, Marine Hull, Motor, Engineering, Aviation, Personal Accident, Medi-claim and Miscellaneous Risks.
It will be our pleasure to insure your properties and valuables, kindly let us stand by you in your needs, and keep you protected from all adversities.
Wish you all the best,
--------------------- M Azmal Houqe Managing Director
