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Phoenix Insu declares 15pc cash dividend

  • Staff Correspondent
  • 12 August, 2021 12:00 AM
  • Print news
Phoenix Insu declares 15pc cash dividend

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Phoenix Insurance Company Limited declared 15 percent cash dividend for its shareholders for the year 2020.

The declaration came at the 35th Annual General Meeting of the company held on Wednesday through a digital platform in the capital, said a press release.

 The meeting was presided over by the Chairman of the Company Mohammed Shoeb.

During the year 2020 the company earned a total premium of Tk 64.61 crore and pre tax profit of Tk 12.19 crore.

Total asset of the company in the year 2020 was Tk 233.43 crore. The company also declared 15 percent cash dividend for the shareholders for the year 2020.

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, MA Majid, Mohammed Haider Ali, Dr. Sharmin Sultana, Manzoorul Haque, Sadia Anjum Siddique, Sadaf Shamsad Haque, Md Faizur Rahman, Nabiha Yesmeen and Managing Director and CEO Md Jamirul Islam and Company Secretary Md Rafiqur Rahman were present in the meeting.