Eastern Insurance PLC. announcements
298 Dhaka Stock Exchange announcements for Eastern Insurance PLC. (EASTERNINS) since 2007: results, dividends, board meetings, AGMs, record dates and other price-sensitive information. Showing 2025 (16).
- Credit Rating Result
National Credit Ratings Limited (NCR) has assigned the surveillance entity rating of the Company as "AAA" in the long term and "ST-1" in the short term along with Developing outlook based on audited financial statements as on December 31, 2024 and other relevant quantitative as well as qualitative information up to the date of rating declaration.
- Name Change of the Company
Dhaka Stock Exchange PLC. (DSE) has approved the proposed name change of the Company. Accordingly, the name of the Company will be 'Eastern Insurance PLC.' instead of 'Eastern Insurance Company Ltd.' with effect from December 18, 2025. Other information (except name) will remain unchanged.
- Q3 Financials
(Q3 Un-audited): EPS was Tk. 1.08 for July-September, 2025 as against Tk. 1.02 for July-September, 2024; EPS was Tk. 2.77 for January-September, 2025 as against Tk. 2.72 for January-September, 2024. NOCFPS was Tk. 2.53 for January-September, 2025 as against Tk. 1.39 for January-September, 2024. NAV per share was Tk. 52.02 as on September 30, 2025 and Tk. 49.85 as on December 31, 2024. (cont.) (cont. news of EASTERNINS): Reasons for deviation in EPS and NOCFPS: EPS and NOCFPS have increased due to higher operating income and short payment of Re-Insurance Premium compared to the corresponding period of the previous year. (end)
- Board Meeting schedule under LR 16(1)
As per Regulation 16(1) of the Dhaka Stock Exchange (Listing) Regulations, 2015, the Company has informed that a meeting of the Board of Directors will be held on October 30, 2025 at 3:30 PM to consider, among others, Un-audited financial statements of the Company for the Third Quarter (Q3) period ended September 30, 2025.
- Dividend Disbursement
The Company has informed that it has disbursed the Cash Dividend for the year ended December 31, 2024 to the respective shareholders.
- Q2 Financials
(Q2 Un-audited): EPS was Tk. 1.69 for January-June 2025 as against Tk. 1.70 for January-June 2024. EPS was Tk. 1.07 for April-June 2025 as against Tk. 1.11 for April-June 2024. NOCFPS was Tk. 0.75 for January-June 2025 as against Tk. 0.51 for January-June 2024. NAV per share was Tk. 52.02 as on June 30, 2025 and Tk. 49.85 as on December 31, 2024. During the quarter ended on 30 June 2025, NOCFPS has been increased due to higher operating income and short payment of Re-Insurance Premium.
- Board Meeting schedule under LR 16(1)
As per Regulation 16(1) of the Dhaka Stock Exchange (Listing) Regulations, 2015, the Company has informed that a meeting of the Board of Directors will be held on July 23, 2025 at 3:00 PM to consider, among others, un-audited financial statements of the Company for the Second Quarter (Q2) period ended June 30, 2025.
- Qualified Opinion, Emphasis of Matter and Other Matter
The auditor of the company has given the "Qualified Opinion", "Emphasis of Matter" and "Other Matter" paragraphs in the Auditor's Report of the company for the year ended December 31, 2024. To view the details, please visit: https://www.dsebd.org/Auditors_opinion/2024/EasternInsuranceCompanyLimited-2024.pdf
- Resumption after Record Date
Trading of the shares of the company will resume on 28.05.2025.
- Suspension for Record Date
Trading of the shares of the company will remain suspended on the record date, i.e., 27.05.2025.
- Spot News
Trading of the shares of the company will be allowed only in the Spot Market and Block transaction will also be settled as per spot settlement cycle with cum benefit from 25.05.2025 to 26.05.2025 and trading of the shares will remain suspended on record date i.e., 27.05.2025.
- Q1 Financials
(Q1 Un-audited): EPS was Tk. 0.63 for January-March 2025 as against Tk. 0.58 for January-March 2024. NOCFPS was Tk. (0.06) for January-March 2025 as against Tk. (0.05) for January-March 2024. NAV per share was Tk. 50.52 as on March 31, 2025 and Tk. 49.85 as on December 31, 2024. During the quarter, EPS increased due to driven by higher business and investment income and NOCFPS declined due to increase in operating expenses.
- Board Meeting schedule under LR 16(1)
As per Regulation 16(1) of the Dhaka Stock Exchange (Listing) Regulations, 2015, the Company has informed that a meeting of the Board of Directors will be held on May 12, 2025 at 3:30 PM to consider, among others, un-audited financial statements of the Company for the First Quarter (Q1) period ended March 31, 2025.
- Dividend Declaration
The Board of Directors has recommended 15% Cash Dividend for the year ended December 31, 2024. Date of AGM: 14.07.2025, Time: 11:30 AM, Venue: Digital Platform. Record Date: 27.05.2025. The Company has also reported consolidated EPS of Tk. 2.43, consolidated NAV per share of Tk. 50.63 and consolidated NOCFPS of Tk. 1.58 for the year ended December 31, 2024 as against Tk. 2.04, Tk. 51.55 and Tk. 0.28 respectively for the year ended December 31, 2023.
- Price Limit Open
There will be no price limit on the trading of the shares of the Company today (29.04.2025) following its corporate declaration.
- Board Meeting schedule under LR 19(1)
As per Regulation 19(1) of the Dhaka Stock Exchange (Listing) Regulations, 2015, the Company has informed that a meeting of the Board of Directors will be held on April 28, 2025 at 3:00 PM to consider, among others, audited financial statements of the Company for the year ended December 31, 2024.
Source: Dhaka Stock Exchange announcements. Some posts before 2014 have no title, and 2014–2020 coverage is incomplete.