Islami Bank’s Q1 net profit up 38pc

Dhaka, Bangladesh (BBN)- As per un-audited quarterly accounts for the 1st quarter ended on 31st March 2014 (Jan'14 to March'14), Islami Bank’s net profit after tax jumped 38 percent.

The leading private commercial bank has reported consolidated net profit after tax (excluding non-controlling interest) of BDT 384.05 million with consolidated basic EPS of BDT 0.26 as against BDT 278.22 million and BDT 0.19 respectively for the same period of the previous year, according to a company’s disclosure on Monday.

However, considering proposed bonus share @ 10 per cent for the year 2013, consolidated restated basic EPS will be BDT 0.24 as on 31.03.2014 and BDT 0.17 as on 31.03.2013.

BBN/BB/SI-12May14-11:40 am (BST)

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