East West Insurance Co Faces Challenges in Market Presence

Karachi, (PPI Bot): East West Insurance Co NC, trading as EWIC, closed at Rs. 52.75, facing challenges in the market. The company, with a paid-up capital of Rs. 1,758.91 million, announced a 15%B distribution for 2023. Listed in 1983, East West Insurance recorded an EPS of Rs. 2.30 for Jan-Oct 2023, a decrease from Rs. 0 in 2021 and Rs. 75.32 in 2022. The turnover and trading rates for the period were not available.