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HomeEquityEarnings Report: Premier Insurance Ltd. (PSX: PINL) today reported Financial Results for...

Earnings Report: Premier Insurance Ltd. (PSX: PINL) today reported Financial Results for the Three and Six months ended June 30, 2017

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

Unconsolidated Profit and Loss Account – For the Six Months Ended

Key Financials

Jan – June, 2017

Jan – Jun, 2016

% Change

 

Amounts in PKR ‘000

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.

Posted on: 2017-08-29T15:50:00+05:00
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