Pakistan Company News

Election of Directors of East West Insurance Company Limited

Karachi, East West Insurance Company Limited informed Pakistan Stock Exchange that the eight members have filed with the Company, notices of their intention to offer themselves for election as directors at the Extraordinary General Meeting of the Company to be held on March 31, 2023 at Quetta.

"East West Insurance Company Limited is a Public Limited Company, was incorporated in Pakistan in the year 1983. The Company is engaged in the general insurance business. In addition, it provides the insurances for Fire, Marine, Motor, Bonds and Engineering, Health and travel, crops and miscellaneous.

The Company is listed on Pakistan Stock Exchange, and the shares of the Company are 118,335,819. The Earnings per shares is 1.96 in 2020 which was 1.81 in 2019. Their Profit after Taxation is 231,375,000 in 2020 which was 183,846,000 in 2019."

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