Askari General Insurance Co. Records Strong Performance in 2023

Karachi, (PPI Bot): Askari General Insurance Co. NC, symbol AGIC, closed at Rs. 18.00, indicating a strong market position. The company, with a paid-up capital of Rs. 719.02 million, announced a 27.50% distribution for 2023. Since its 1996 listing, Askari General Insurance has shown robust growth, as reflected in an EPS of Rs. 5.10 for Jan-Oct 2023, a significant increase from Rs. 13.8 in 2021 and Rs. 19.4 in 2022. The company’s turnover was 1,794,000, with a high rate of Rs. 18.00 and a low rate of Rs. 17.72.