Earnings Report: Century Insurance Co. Ltd. (PSX: CENI) today reported Financial Results for the Three and Six months ended June 30, 2017
MG News | August 25, 2017 at 03:43 PM GMT+05:00
Century Insurance Co. Ltd. announced Financial Results for the period ended June 30, 2017.
The company’s Underwriting Result for the period increased by 34.42 percent in the outgoing year, whereas the Profit after Taxation for the Period increased by 57 percent.
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 | 269,565,005 | 355,217,638 | -24.11% |
| Underwriting Results | 98,438,044 | 73,232,783 | 34.42% |
| Net Investment Income | 145,677,974 | 73,495,022 | 98.21% |
| Profit before Tax | 189,878,820 | 88,815,414 | 113.79% |
| Taxation | 83,310,504 | 20,828,059 | 299.99% |
| PAT | 106,568,316 | 67,987,355 | 56.75% |
| EPS - Basic & Diluted | 2.12 | 1.35 | 57.04% |
Company release on Earnings Report can be accessed here.
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