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

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By MG News | August 29, 2017 at 03:50 PM GMT+05:00

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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.

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