Progressive Insurance Company Reports Annual Financial Loss

Karachi, Progressive Insurance Company Limited reported a loss before and after tax of PKR 8.341 million for the fiscal year ending December 31, 2023. According to information available from the Pakistan Stock Exchange (PSX), the earnings per share (EPS) were recorded at negative PKR 0.50. The company has declared no entitlements for its shareholders. A shareholders’ Annual General Meeting (AGM) is scheduled for June 3, 2024, at 10:00 AM, with the book closure from May 28 to June 3, 2024.