Annual Report 2015 of Dhaka Insurance Limited

It is a broadly described annual report of Dhaka Insurance Limited in the year of 2015. During 2015, Gross premium income attained was Tk. 288.24 million as against Tk 284.11 million. The Company’s total assets registered in 2015 of Tk. 1598.00 million in against of Tk. 1425.57 million in 2014. Based on the financial statement of 2014, its underwriting profit rose to Tk. 86.49 million from Tk. 82.11 million in 2013 with the same token, gross profit margin, and net profit margin has been found to be good and moved upward to 75.09% and 38.72% in 2014 from 73.25% and 37.48% in 2013 respectively. However, Profit after Tax (PAT) moved downward to Tk. 68.91 million from Tk. 83.88 million during the above periods respectively. The capital base of the company stood at 11075.00 million, a bit below from regulatory minimum level of Tk. 400.00 million, however, above capital base stood at Tk. 401.25 million as on September 30, 2015.

Cash Dividend @ 12.50% for the year ended 31st December 2015 has been proposed/recommended by the Board of Directors. These financial statements are presented in Bangladesh Taka (Taka/Tk/BDT) which is the company’s functional currency. All financial information presented in Taka has been rounded off to the nearest Taka.

More Annual Report of Dhaka Insurance Limited:

  1. Annual Report 2014 of Dhaka Insurance Limited
  2. Annual Report 2015 of Dhaka Insurance Limited