Bangladesh, Oct. 15 -- Despite a surge in interest income, DBH Finance experienced a 22.35 per cent year-on-year decline in profit, to Tk 251.22 million, in July-September (Q3).

A significant fall in investment income and provisions for unrealised losses in securities investment led to the erosion in earnings.

The company endured a 75.8 per cent decline in investment income in the quarter to September, compared with the corresponding period a year ago.

The chief financial officer of DBH Finance, Abdul Ahad, said a decline in the interest rates of Treasury bonds and Treasury bills dragged down investment income in Q3 compared with the same quarter of the previous year.

The amount of investment also declined in Q3 this year compared wi...