Karachi: EFU General Insurance Ltd has announced a second interim cash dividend for the six-month period ending June 30, 2026, at Rs. 1.5 per share, equating to 15%. This announcement was made following the company's Board of Directors meeting held on August 21, 2026, in Karachi and via video conference. This dividend is in addition to the first interim dividend of Rs. 1.50 per share already distributed for the first quarter ended March 31, 2026.
The entitlement for the latest dividend will be granted to shareholders listed in the company's Register of Members as of August 31, 2026. The company's Share Transfer Books will be closed on September 1, 2026, with transfers received by CDC Share Registrar Services Limited by the end of business on August 31 being eligible for the dividend.
The company's Unconsolidated Condensed Interim Statement of Financial Position as of June 30, 2026, shows total assets amounting to Rs. 85.79 billion, a slight increase from Rs. 85.63 billion as of December 31, 2025. Notably, insurance and reinsurance receivables rose significantly from Rs. 6.76 billion at the end of 2025 to Rs. 9.42 billion by mid-2026, marking a significant move of 39.18%.
According to information available from the Pakistan Stock Exchange (PSX), EFU General Insurance reported an increase in net insurance premiums for the six-month period, reaching Rs. 7.61 billion, up from Rs. 7.33 billion in the same period of the previous year. The company's net insurance claims also rose to Rs. 2.55 billion from Rs. 2.40 billion, indicating a moderate move of 6.45%.
The company recorded a profit after tax of Rs. 2.23 billion for the six months ending June 30, 2026, compared to Rs. 1.97 billion for the same period in 2025. This represents a moderate growth move of 13.13% in profitability. Earnings per share increased to Rs. 11.15 from Rs. 9.85 over the same period.
The financial results reflect EFU General Insurance's ongoing efforts to enhance shareholder value, with a focus on stable returns and growth in core insurance operations. The market category for EFU General Insurance Ltd is the insurance sector.