Corporate Alert: EFU Life Insurance Ltd. declares a Dividend of Rs. 1.25/- per share and reports an EPS of 7.74/- for the period ended June 30, 2017

News Image

MG News | August 16, 2017 at 01:30 PM GMT+05:00

0:00

EFU Life Insurance Ltd. announced Financial Results for the ended June 30, 2017.

The company’s Revenue for the period increased by 11% percent in the outgoing year, whereas the Profit after Taxation for the Period increased 12% by percent.

The board has recommended 2nd interim Cash Dividend for the year 2017 at the rate of 12.5% i.e. Rs 1.25/- per share. This is in addition to the 1st interim cash dividend already declared and paid at the rate of 12.5% i.e. 1.25/- per share.

Comparison of Key Financials:

Unconsolidated Profit and Loss Account - For the Six Months Ended

Key Financials

Jan - June, 2017

Jan - Jun, 2016

% Change

Revenue

18,067,145

16,310,633

11%

Premium net of reinsurance

14,606,566

11,380,597

28%

Investment Income and other income

3,460,579

4,930,036

-30%

Expenses

16,903,013

15,277,182

11%

Claims including movement in policy holders liability

13,775,940

12,707,930

8%

Management Expenses

3,127,073

2,569,252

22%

Surplus available in Revenue Account

1,164,132

1,033,451

13%

Surplus transferred to P&L Account

1,113,757

961,405

16%

P&L Account before appropriation of surplus to Shareholders' Fund

85,046

115,938

-27%

Profit before tax

1,198,803

1,097,343

9%

Taxation

425,000

404,550

5%

Profit after Tax

773,803

692,793

12%

EPS - basic and diluted

7.74

6.93

12%

Amounts in PKR ‘000

The complete statements can be accessed here.

Related News

Name Price/Vol %Chg/NChg
KSE100 158,465.06
390.15M
-1.02%
-1635.97
ALLSHR 96,559.16
950.27M
-0.99%
-966.38
KSE30 48,334.92
161.42M
-1.07%
-524.48
KMI30 229,055.35
110.24M
-1.35%
-3133.53
KMIALLSHR 63,239.37
426.71M
-1.12%
-719.42
BKTi 44,632.28
59.89M
-0.70%
-315.76
OGTi 31,295.76
12.54M
-0.78%
-245.37
Symbol Bid/Ask High/Low
Name Last High/Low Chg/%Chg
BITCOIN FUTURES 113,505.00 113,775.00
112,135.00
-240.00
-0.21%
BRENT CRUDE 64.41 64.79
63.92
0.01
0.02%
RICHARDS BAY COAL MONTHLY 80.50 0.00
0.00
-0.55
-0.68%
ROTTERDAM COAL MONTHLY 92.50 0.00
0.00
-0.20
-0.22%
USD RBD PALM OLEIN 1,082.50 1,082.50
1,082.50
0.00
0.00%
CRUDE OIL - WTI 60.15 60.52
59.70
0.00
0.00%
SUGAR #11 WORLD 14.26 14.45
14.21
-0.11
-0.77%

Chart of the Day


Latest News
October 29, 2025 at 06:00 PM GMT+05:00

Govt accelerates cashless transition


October 29, 2025 at 04:48 PM GMT+05:00

Abbott Pakistan profit surges 36% to Rs5bn in 9MCY25


October 29, 2025 at 04:45 PM GMT+05:00

SBP Raises Rs1.34tr in dual auctions of MTBs, PIB-FR


October 29, 2025 at 04:40 PM GMT+05:00

Gillette Pakistan swings to loss in Q1FY26



Top 5 things to watch in this week

Pakistan Stock Movers
Name Last Chg/%Chg
Name Last Chg/%Chg