Premier Insurance Ltd. announced Financial Results for the period ended June 30, 2017.
The company’s reported profits for the year after previous year’s losses, ended the period with a positive Earnings per share.
The board did not recommend any Cash Dividend, no bonus or right shares.
Comparison of Key Financials
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Unconsolidated Profit and Loss Account – For the Six Months Ended |
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|
Key Financials |
Jan – June, 2017 |
Jan – Jun, 2016 |
% Change |
|
Amounts in PKR ‘000 |
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|
Underwriting Result |
(42,112) |
(136,834) |
-69.22% |
|
Investment Income |
84,031 |
76,166 |
10.33% |
|
Other income |
3,658 |
1,165 |
213.99% |
|
Profit/Loss after Tax |
9,351 |
(135,503) |
|
|
Taxation |
5,604 |
13,895 |
-59.67% |
|
Profit/Loss before Tax |
3,747 |
(149,398) |
|
|
Accumulated (Loss) at the end of the year |
(276,355) |
(97,974) |
|
|
EPS – Basic & diluted |
0.08 |
(3.25) |
|
Company release on Earnings Report can be accessed here.
