Crescent Star Insurance Ltd Struggles with Low Market Performance

Karachi, Crescent Star Insurance Ltd (CSIL), in the insurance sector since 1957, struggled in the market as per the latest financial results. The company, with a paid-up capital of Rs. 1,076.95 million, had a closing rate and daily weighted average rate of Rs. 1.87 and Rs. 1.88, respectively. CSIL did not declare any distribution for the financial year 2022/2023. The high rate was Rs. 2.75, and the low rate was Rs. 0.25*, with an EPS of Rs. 2022/2023 for January 2024.