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	Jun 30, 2025	Dec 31, 2024	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021	Dec 31, 2020
Premiums & Annuity Revenue	177.05	131.13	143.44	265.46	327	294.48
Total Interest & Dividend Income	165.1	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	20.08	19.32	23.42	57.11	62.52	54.21
Total Revenue	362.61	320.6	272.47	441.81	552.23	427.38
Revenue Growth (YoY)	15.10%	17.66%	-38.33%	-19.99%	29.21%	4.23%
Policy Benefits	45.92	28.24	30.39	41.46	65.85	21.2
Policy Acquisition & Underwriting Costs	65.1	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	251.35	208.39	235.1	253.11	307.66	215.12
Operating Income	111.26	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	108.42	109.37	34.38	185.03	242.44	211.02
Pretax Income	108.42	109.37	34.38	185.03	242.44	211.02
Income Tax Expense	35.66	36.47	24.82	50.27	46.63	43.52
Net Income	72.76	72.9	9.56	134.77	195.81	167.5
Net Income to Common	72.76	72.9	9.56	134.77	195.81	167.5
Net Income Growth	174.44%	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)	1.69	1.69	0.22	3.13	4.54	3.89
EPS (Diluted)	1.69	1.69	0.22	3.13	4.54	3.89
EPS Growth	174.44%	662.45%	-92.91%	-31.17%	16.90%	3.02%
Free Cash Flow	60.87	51.63	-6.23	133.37	253.88	168.29
Free Cash Flow Per Share	1.41	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	30.68%	35.00%	13.72%	42.71%	44.29%	49.66%
Profit Margin	20.07%	22.74%	3.51%	30.50%	35.46%	39.19%
Free Cash Flow Margin	16.79%	16.10%	-2.29%	30.19%	45.98%	39.38%
EBITDA	114.38	115.44	54.08	202.74	249.73	218.05
EBITDA Margin	31.54%	36.01%	19.85%	45.89%	45.22%	51.02%
D&A For EBITDA	3.12	3.23	16.71	14.04	5.17	5.8
EBIT	111.26	112.21	37.37	188.7	244.57	212.25
EBIT Margin	30.68%	35.00%	13.72%	42.71%	44.29%	49.66%
Effective Tax Rate	32.89%	33.35%	72.19%	27.17%	19.23%	20.63%

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