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

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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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