Phoenix Insurance Company Limited declared 12 percent cash dividend for its shareholders for the year 2019.
The declaration came at the 34th Annual General Meeting of the company held on Wednesday through a digital platform in Dhaka, said a press release.The meeting was presided over by the Chairman of the Company Mohammed Shoeb.
During the year 2019 the company earned a total premium of Tk 78.06 crore and pre-tax profit of Tk 11.53 crore. Total asset of the company in the year 2019 was Tk 215.70 crore. The company also declared 12 percent cash dividend to the shareholders for the year 2019.
The shareholders of the company expressed their deep satisfaction over the performance and steady growth of the company in the face of extremely adverse situation.
Directors Mazharul Haque, Aziz Al-Mahmood, MA Majid, Mohammed Haider Ali, Dr. Sharmin Sultana, Manzoorul Haque, Badruddoza Mannan, Sadia Anjum Siddique, Md Faizur Rahman, Nabiha Yesmeen and Managing Director and CEO Md Jamirul Islam were present on the occasion.