bKash makes Tk38cr profit in H1 of 2023
bKash Limited made a profit of Tk38 crore in the first half of this year thanks to the interest income from the deposits.
During the same period a year back, the mobile financial services provider reported a loss of Tk42 crore.
Although, the organisation is still in operating loss due to its high cost in the commercial and administration segment.
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The BRAC Bank subsidiary incurred an operating loss of Tk22.96 crore in the January-June period this year, but it earned Tk83 crore from the deposits as finance income, which offset the loss and helped the company to make a profit.
In the second quarter (April-June) this year, its profit was Tk2.37 crore, which was a loss of Tk13.68 crore a year ago at the same time.
