Karachi, Crescent Star Insurance Company Limited informed Pakistan Stock Exchange that board of directors meeting of the company will be held on January 24, 2022 at Karachi to consider the company’s strategic plan regarding investment of the company in Dost Steels Limited.
Further, the company has declared the closed period from January 21, 2022 to January 24, 2022.
Crescent Star Insurance Company Limited was established in 1957 and a registered Insurer with the Securities and Exchange Commission of Pakistan. The company is listed on Pakistan Stock Exchange (PSX) and is also a member of Insurance Association of Pakistan (IAP).
The Product portfolio of the Company has been underwriting general Insurer business of Fire, Marine Cargo, Motor, Livestock, Crop, Travel and Miscellaneous through its wide network of branches across Pakistan.
The number of shares the company has introduced are 107,695,041. The Earnings per share is 0.51 in 2020 which was 0.46 in 2019. The Profit after Taxation of the Company is 54,582,000 which was 49,133,000 in 2019.