Earnings Report: IGI Life Insurance (PSX: IGIL) today reported Financial Results for the Three and Six months ended June 30, 2017

News Image

MG News | August 29, 2017 at 03:26 PM GMT+05:00

0:00

IGI Life Insurance announced Financial Results for the period ended June 30, 2017.

The company’s Total Net income for the period decreased by 20 percent in the outgoing year, whereas the Profit after Taxation for the Period increased by 99 percent.

The board did not recommend any Cash Dividend, no bonus or right shares.

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

Total Net income

3,586,350

4,469,709

-19.76%

Total Claims and Expenditure

2,914,060

1,578,910

84.56%

Excess of income over claims and expenditure

672,290

2,297,468

-70.74%

Profit before Tax

174,876

92,681

88.69%

Taxation

17,919

13,659

31.19%

Profit after Tax

156,957

79,022

98.62%

Balance of Appropriation

1,518,525

138,683

994.96%

EPS (Include surplus of statutory Funds)

2.40

1.21

98.35%

 

Company release on Earnings Report can be accessed here.

Related News

Name Price/Vol %Chg/NChg
KSE100 136,011.10
184.95M
1.27%
1711.34
ALLSHR 84,949.10
611.42M
1.11%
930.94
KSE30 41,338.13
68.11M
1.28%
523.85
KMI30 193,373.00
63.14M
0.41%
783.84
KMIALLSHR 56,411.66
277.91M
0.61%
339.41
BKTi 38,033.57
20.97M
2.87%
1061.82
OGTi 28,156.66
3.96M
-0.30%
-83.62
Symbol Bid/Ask High/Low
Name Last High/Low Chg/%Chg
BITCOIN FUTURES 122,910.00 123,615.00
118,675.00
4380.00
3.70%
BRENT CRUDE 70.99 71.29
70.35
0.63
0.90%
RICHARDS BAY COAL MONTHLY 97.50 0.00
0.00
0.25
0.26%
ROTTERDAM COAL MONTHLY 108.75 0.00
0.00
0.05
0.05%
USD RBD PALM OLEIN 998.50 998.50
998.50
0.00
0.00%
CRUDE OIL - WTI 69.09 69.39
68.41
0.64
0.94%
SUGAR #11 WORLD 16.56 16.67
16.53
-0.01
-0.06%

Chart of the Day


Latest News
July 14, 2025 at 01:06 PM GMT+05:00

OGDC leads State-Owned firms in H1 FY25 profits


July 14, 2025 at 12:24 PM GMT+05:00

NHA tops SOE losses with around Rs2tr accumulated deficit


July 14, 2025 at 12:11 PM GMT+05:00

IHC suspends earlier ruling against TRG Pakistan


July 14, 2025 at 11:32 AM GMT+05:00

PIA shows Rs26bn profit, but actually in loss


July 14, 2025 at 10:46 AM GMT+05:00

Bitcoin overtakes Amazon in global asset rankings



Top 5 things to watch in this week

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