Mercantile Insurance Company Limited reported earnings results for the third quarter and nine months ended September 30, 2022. For the third quarter, the company reported revenue was BDT 107.8 million compared to BDT 110.2 million a year ago. Net income was BDT 7.4 million compared to BDT 14 million a year ago. Basic earnings per share from continuing operations was BDT 0.17 compared to BDT 0.32 a year ago.
For the nine months, revenue was BDT 306 million compared to BDT 272.2 million a year ago. Net income was BDT 54.2 million compared to BDT 48.1 million a year ago. Basic earnings per share from continuing operations was BDT 1.26 compared to BDT 1.12 a year ago.