Eastern Insurance Company Limited (DSE:EASTERNINS)

Eastern Insurance Company Income Statement

Financials in millions BDT. Fiscal year is January - December.

Fiscal Year	TTM	FY 2024	FY 2023	FY 2022	FY 2021	FY 2020
Period Ending	Sep 30, 2025	Dec 31, 2024	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021	Dec 31, 2020
Premiums & Annuity Revenue	210.79	131.13	143.44	265.46	327	294.48
Total Interest & Dividend Income	165.13	169.77	102.62	106.99	88.6	104.66
Gain (Loss) on Sale of Investments	0.38	0.38	3	12.24	74.12	-25.97
Other Revenue	17.49	19.32	23.42	57.11	62.52	54.21
Total Revenue	393.8	320.6	272.47	441.81	552.23	427.38
Revenue Growth (YoY)	17.25%	17.66%	-38.33%	-19.99%	29.21%	4.23%
Policy Benefits	60.28	28.24	30.39	41.46	65.85	21.2
Policy Acquisition & Underwriting Costs	79.91	39.82	39.81	38.22	38.72	69.13
Depreciation & Amortization	16.85	16.85	16.71	14.04	14.53	14.43
Selling, General & Administrative	123.47	123.47	148.19	159.39	188.57	110.36
Total Operating Expenses	280.51	208.39	235.1	253.11	307.66	215.12
Operating Income	113.29	112.21	37.37	188.7	244.57	212.25
Interest Expense	-1.8	-1.8	-1.68	-1.28	-0.77	-
Other Non Operating Income (Expenses)	-1.04	-1.04	-1.31	-2.39	-1.36	-1.23
EBT Excluding Unusual Items	110.45	109.37	34.38	185.03	242.44	211.02
Pretax Income	110.45	109.37	34.38	185.03	242.44	211.02
Income Tax Expense	35.17	36.47	24.82	50.27	46.63	43.52
Net Income	75.28	72.9	9.56	134.77	195.81	167.5
Net Income to Common	75.28	72.9	9.56	134.77	195.81	167.5
Net Income Growth	68.17%	662.45%	-92.91%	-31.17%	16.90%	3.02%
Shares Outstanding (Basic)	43	43	43	43	43	43
Shares Outstanding (Diluted)	43	43	43	43	43	43
EPS (Basic)	1.75	1.69	0.22	3.13	4.54	3.89
EPS (Diluted)	1.75	1.69	0.22	3.13	4.54	3.89
EPS Growth	68.17%	662.45%	-92.91%	-31.17%	16.90%	3.02%
Free Cash Flow	99.07	51.63	-6.23	133.37	253.88	168.29
Free Cash Flow Per Share	2.30	1.20	-0.14	3.09	5.89	3.90
Dividend Per Share	1.500	1.500	2.000	2.200	2.200	2.000
Dividend Growth	-25.00%	-25.00%	-9.09%	-	10.00%	-
Operating Margin	28.77%	35.00%	13.72%	42.71%	44.29%	49.66%
Profit Margin	19.11%	22.74%	3.51%	30.50%	35.46%	39.19%
Free Cash Flow Margin	25.16%	16.10%	-2.29%	30.19%	45.98%	39.38%
EBITDA	116.33	115.44	54.08	202.74	249.73	218.05
EBITDA Margin	29.54%	36.01%	19.85%	45.89%	45.22%	51.02%
D&A For EBITDA	3.04	3.23	16.71	14.04	5.17	5.8
EBIT	113.29	112.21	37.37	188.7	244.57	212.25
EBIT Margin	28.77%	35.00%	13.72%	42.71%	44.29%	49.66%
Effective Tax Rate	31.85%	33.35%	72.19%	27.17%	19.23%	20.63%

Source: S&P Global Market Intelligence. Insurance template. Financial Sources.