Dutch-Bangla Bank Ltd (DBBL) has reported an 11.80% year-on-year increase in profit to Tk 125.24 crore in the first quarter of 2023. The unaudited financial statements showed that the private commercial lender made a profit of Tk 112.02 crore in the January-March quarter of 2022, and the earnings per share increased to Tk 1.80 in the first quarter of 2023 compared to Tk 1.61 in the same quarter of 2022. The net operating cash flow per share also surged to Tk 5.03 from Tk 1.65, primarily due to the increase in deposits and recovery of loans and advances. The net asset value per share improved to Tk 61.65 on March 31st from Tk 59.85 on December 31st.
DBBL reported 11.80% increase in profit
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