Nitol Insurance Company Limited reported earnings results for the third quarter and nine months ended September 30, 2022. For the third quarter, the company reported revenue was BDT 105.93 million compared to BDT 117.45 million a year ago. Net income was BDT 12.99 million compared to BDT 27.18 million a year ago. Basic earnings per share from continuing operations was BDT 0.32 compared to BDT 0.68 a year ago.
For the nine months, revenue was BDT 359.52 million compared to BDT 375.86 million a year ago. Net income was BDT 56.22 million compared to BDT 82.27 million a year ago. Basic earnings per share from continuing operations was BDT 1.39 compared to BDT 2.05 a year ago.