EFU posts Rs1.475b profit
EFU Life is the highest capitalised private sector life insurance company in Pakistan
KARACHI:
EFU Life Assurance Limited announced its financial results for the year ended December 31, 2015 as approved in the meeting of its board of directors held on February 13, 2016. The company posted a profit after tax of Rs1.475 billion for the year 2015 with earnings per share of Rs14.75. It declared a final cash dividend of 70%, ie Rs7 per share, taking the total cash dividend pay-out to 100%, ie Rs10 per share for the year. EFU Life is the highest capitalised private sector life insurance company in Pakistan with a paid-up capital of Rs1 billion and the largest asset base of Rs91 billion.
Published in The Express Tribune, February 16th, 2016.
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