Bay Leasing & Investment Ltd. Announces Unaudited Consolidated Earnings Results for the Third Quarter and Nine Months Ended September 30, 2014
For the nine months, the company's net interest income was BDT 203,406,919 compared to BDT 105,386,787 for the same period in 2013. Total operating income was BDT 323,097,687 compared to BDT 150,608,620 for the same period in 2013. Total profit before tax was BDT 259,027,114 compared to BDT 144,469,493 for the same period in 2013. Net profit after taxation was BDT 224,027,114 or BDT 1.71 per share compared to BDT 132,881,234 or BDT 1.02 per share for the same period in 2013. Cash flows from operating activities were BDT 152,553,417 against BDT 234,350,694 a year ago. Purchase of property, plant and equipment was BDT 211,619,774 against BDT 11,810,122 a year ago.