- Jubilee General Life Insurance ltd. revenue for the period decreased by 14.23%, amounting to a total of 28128.83 million Rupees during the nine months ended September, 30th 2017
- Company’s expenses for the period decreased by 17% to 25326.55 million
- The Profit after tax for the period increased 25.6% reaching 1608.48 million against last year quarterly profits of Rs. 1280.69 million
- The company’s basic earnings per share reached rupees 20.28 against 16.14 rupees in 2016
Unconsolidated Profit and Loss Account – For the Nine Months Ended, September 30th 2017 | |||
|---|---|---|---|
Key Financials | 2017 | 2016 | % Change |
Amounts in PKR Million | |||
Revenue | 28,128.83 | 32,794.07 | -14.23% |
Premium revenues net of reinsurance | (31,656.55) | 24,800.58 |
|
Investment income and other income | 3,527.72 | 7,993.49 | -55.87% |
Expenses | 25,326.55 | 30,497.83 | -16.96% |
claims net of reinsurance | 17,682.52 | 24,369.49 | -27.44% |
Management expenses | 7,644.03 | 6,128.34 | 24.73% |
surplus before tax in Revenue | 2,802.28 | 2,296.24 | 22.04% |
Profit before tax as per P&L account | 2,484.67 | 1,971.61 | 26.02% |
Income Tax | 876.19 | 690.92 | 26.81% |
Profit after tax as per P&L account | 1,608.48 | 1,280.69 | 25.59% |
EPS – basic and diluted | 20.28 | 16.14 | 25.65% |
Company release on Earnings Report can be accessed here.
Posted on: 2017-10-27T12:20:00+05:00
