Business Desk :
Scam-hit International Leasing & Financial Services Ltd (ILFSL) suffered losses for the third consecutive year in 2021.
The non-bank financial institution reported consolidated earnings per share of Tk 9.26 in the negative for the year that ended on December 31, 2021. It was Tk 31.30 in the negative a year ago.
Consolidated net asset value per share stood at Tk 154.19 in the negative, against Tk 144.93 in the negative a year ago, while consolidated net operating cash flow per share was Tk 1.51 in the negative from Tk 7.04 in the negative.
In a posting on the Dhaka Stock Exchange on Sunday, ILFSL said its net profit after tax increased by Tk 488.02 crore in 2021 compared to last year, thanks to a decrease in interest expenses, operating expenditures, and provisions for leases, loans and advances.
The board has recommended no dividend for the year.
ILFSL is one of the financial institutions that witnessed the embezzlement of thousands of crores of taka by Proshanto Kumar Halder and his allies.
