Jubilee General Insurance Co. Ltd. announced Financial Results for the period ended June 30, 2017.
The company’s Net Premium Revenue for the period increased by 12 percent in the outgoing year, whereas the Profit after Taxation for the Period increased by 25 percent.
The board has recommended no interim Cash Dividend, bonus shares or right shares for the period.
Comparison of Key Financials
Unconsolidated Profit and Loss Account – For the Six Months Ended |
|||
Key Financials |
Jan – June, 2017 |
Jan – Jun, 2016 |
% Change |
Amounts in PKR ‘000 |
|||
Net Premium Revenue |
2,292,328 |
2,055,017 |
12% |
Underwriting Result |
176,009 |
115,782 |
52% |
Profit before Tax |
921,051 |
813,694 |
13% |
Provision for Taxation |
318,457 |
329,647 |
-3% |
Profit after Tax |
602,594 |
484,047 |
24% |
ESP – Basic and diluted |
3.34 |
2.68 |
25% |
Company release on Earnings Report can be accessed here.