East West Insurance Co. Announces Dividend Amid Zero Earnings Report

Karachi, East West Insurance Co., despite reporting zero earnings for the first quarter of 2024, has announced a dividend distribution of 17.5% bonus shares and 10% rights. The company, with a substantial paid-up capital of Rs. 1,758.91 million, has been a part of the Pakistan Stock Exchange since 1983. The insurance provider's shares were traded at a rate of Rs. 52.75, although no turnover data was provided. East West Insurance remains committed to delivering value to its shareholders through strategic distributions.