Karachi, Adamjee Insurance Company Limited reported its financial results for the year ended December 31, 2023. The company announced an unconsolidated profit before tax of PKR 3,912.267 million and an after-tax profit of PKR 2,262.030 million, resulting in earnings per share (EPS) of PKR 6.46. In addition to these results, a final dividend of 15% was declared for its shareholders. The Annual General Meeting (AGM) is scheduled to take place on April 26, 2024, at 10:00 AM, with the book closure period from April 19, 2024, to April 26, 2024.
On a consolidated basis, Adamjee Insurance's profit before tax was PKR 5,000.279 million with an after-tax profit of PKR 2,716.915 million, leading to an EPS of PKR 7.50. The company did not announce any specific entitlements or events following the consolidated results.