IPDC Finance Limited Reports Earnings Results for the Third Quarter Ended September 30, 2020
October 21, 2020 at 09:09 am EDT
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IPDC Finance Limited announced earnings results for the third quarter ended September 30, 2020. For the third quarter, the company announced net income was BDT 186.140 million compared to BDT 129.829 million a year ago. Basic earnings per share was BDT 0.5 compared to BDT 0.39 a year ago. Net interest income was BDT 536,574,136 against BDT 443,613,147 a year ago. Total operating income was BDT 685,625,168 against BDT 497,337,841 a year ago.
For the nine months, net income was BDT 502.531 million compared to BDT 443.040 million a year ago. Basic earnings per share was BDT 1.35 compared to BDT 1.42 a year ago. Net interest income was BDT 1,660,314,166 against BDT 1,398,206,027 a year ago. Total operating income was BDT 1,987,053,867 against BDT 1,539,031,089 a year ago.
IPDC Finance Ltd is a Bangladesh-based financial company. The Company specializes in providing long term and short-term finance, lease finance, supply chain finance, home loan, equity financing, retail finance, small and medium enterprises (SME) finance, asset backed securitization, retailer finance, factoring finance, and related consultancies. Its financing products include factoring finance, work order finance, bill discounting, term loan, project finance, syndicated finance, hire purchase, lease finance, mortgage finance, auto and personal loans, equity and quasi-equity investments, and other associated services. Its corporate finance and advisory division provide lease finance, project and syndication financing, term loans and short-term financing. Its loan products include home loans, auto loans and personal loans. The Company offers business services through its 15 branches, including Dhaka, Chattogram, Khulna, Sylhet, Rajshahi, Rangpur, Faridpur and Mymensingh.
IPDC FINANCE LIMITED 
