(Q3 Un-audited): EPS was Tk. 0.37 for July-September 2019 as against Tk. 0.17 for July-September, 2018; EPS was Tk. 1.31 for January-September 2019 as against Tk. 1.10 for January-September 2018. NOCFPS was Tk. 0.45 for January-September 2019 as against Tk. 0.41 for January-September 2018. NAV per share was Tk. 21.90 as on September 30, 2019 and Tk. 21.12 as on December 31, 2018.
Credit Rating AA+ : Credit Rating Information and Services Limited (CRISL) has announced CPA Credit Rating (surveillance) 2019-2020 of the Company "AA+" along with a stable outlook in consideration of audited financial statement of the Company December 31, 2018 also un-audited financial statement up to 30th June 2019 and other relevant quantitative. Rating "AA+" indicates very high claim paying ability (CPA), sound financial & technical performance and sound solvency position.
Stock dividend for the year ended on December 31, 2018 has been credited to the respective shareholders' BO accounts on July 14, 2019. The payment of cash dividend and the sale proceeds of the fraction bonus shares will be distributed within the stipulated time.
(Q2 Un-audited): EPS was Tk. 0.48 for April-June 2019 as against Tk. 0.48 for April-June 2018; EPS was Tk. 0.94 for January-June 2019 as against Tk. 0.92 for January-June 2018. NOCFPS was Tk. 0.25 for January-June 2019 as against Tk. 0.24 for January-June 2018. NAV per share was Tk. 21.13 as on June 30, 2019 and Tk. 19.77 as on June 30, 2018.
(Q1 Un-audited): EPS was Tk. 0.49 for January-March 2019 as against Tk. 0.46 for January-March 2018. NOCFPS was Tk. 0.18 for January-March 2019 as against Tk. 0.21 for January-March 2018. NAV per share was Tk. 22.66 as on March 31, 2019 and Tk. 22.18 as on December 31, 2018.
ICMAB BEST CORPORATE AWARD-2015: Eastland Insurance Company Limited has been awarded best corporate award 2015 in non-life insurance sector by the Institute of Cost and Management Accountants of Bangladesh (ICMAB)
Mr. Arun Kumar Saha, Managing Director received the award from Mr. Abul Mal Abdul Muhith, Honble Minister, Ministry of Finance at a function at Dhaka on 26th October, 2016.
ICMAB identified best of the best after due consideration to many quantitative and qualitative factors in general and sector wise in particular and evaluated a company under the measurement of internationally and widely used standards.
The Managing Director of the Company said that Eastland maintained the maximum level of transparency, accountability and good governance during the period which helped it to get such an award.
The Managing Director thanked all members of ICMAB Best Corporate Award Committee for selecting Eastland Insurance Company as one of the recipients of this prestigious award and shared this achievement with valued clients, shareholders, members of the Board and the employees of the company.
Mr. MAHBUBUR RAHMAN (1942) an eminent personality widely known in the Business Arena at home and abroad is the Chairman of the Board of Eastland Insurance Company Limited.
Mr. Rahman is the President of International Chamber of Commerce (ICC) - Bangladesh, The world business organization (Estd. in Paris ;1919) having its presence in 130 countries around the world.
Mr. Rahman is the Chairman & CEO of ETBL Holdings Limited (Estd. 1962)- a conglomerate of 7 (Seven) wholly owned commercial & industrial affiliates and stake holders of 4 (Four) PLCs. He is the Founder Chairman of Eastland Insurance Co. Ltd.(plc) (Estd. 1986), Bangladesh International Arbitration Centre (BIAC) - The Institution for Alternative Dispute Resolution (2004) and International Publications Limited (Publishers of The Financial Express - The National English Financial Daily, (1993).
Currently, Mr. Rahman is the Chairman of Business Advisory Council (EBAC) of UN-ESCAP (United Nations Economic & Social Commission for Asia & the Pacific); He is the Sole Arbitrator in Bangladesh for The China International Economic and Trade Arbitration Commission (CIETAC) ; Vice Chairman of Bangladesh Foreign Trade Institute (BFTI), Member of the Board of Governors of Institute of Business Administration (IBA) of the University of Dhaka, Founder Member of the Independent University Bangladesh (IUB) and a Director in the Board of Karnaphuli Fertilizer Co. Ltd. (KAFCO)- a multinational company comprising Bangladesh, Japan, Denmark & The Netherlands.
Mr. Rahman was the President of the Federation of Bangladesh Chambers of Commerce & Industry (FBCCI) -- The Apex National Chamber of Bangladesh (1992-1994), The Dhaka Chamber of Commerce & Industry (DCCI) -- The premier Chamber of the country (1985-86 and 1991-92), Founder Vice President (1993-95) of 8-Nation SAARC Chamber of Commerce and Vice President (West Asia) of 57-nation Islamic Chamber of Commerce in 1993-95.
During 1972-79, Mr. Rahman represented Government of Sri Lanka in Bangladesh before Colombo setup its Diplomatic Mission in Dhaka. He was a Sponsor Director and Chairman of National Bank Limited (plc), (Estd. 1983) Former Board Member of BIMAN-Bangladesh Airlines (National Carrier of Bangladesh), The Dhaka Stock Exchange and Member of the Board of Governors of Bangladesh Open University (BOU). He was a Member of the Board of Governors of ICC HQs. during 1997-99.
Mr. Rahman was awarded The Lifetime Achievement Award in 2012, by the "DHL-The Daily Star" sponsored most prestigious 'Bangladesh Business Award'.
Mr. Rahman was honoured as a Presidential Friend of Indonesia in 2012 at its 67th Independence Day in Jakarta by the President His Excellency Mr. Susilo Bambang Yodyono of Indonesia.
Mr. Rahman has been honoured by The Daily Star as an Eminent personality for Lifetime Contribution to Nation-Building, in 2016.
He hosted several International Business & Economic Events in Dhaka attended by Heads of Governments as well as Multi-lateral Agencies & led many Trade & Investment Delegations to a number of overseas destinations including Leading a few Business Delegations as entourages of the President/Prime Minister of Bangladesh.
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