Karachi, Reliance Insurance Company Limited has declared a 10% final dividend to its shareholders following a profitable fiscal year that ended on December 31, 2023. The company's financial results show a before-tax profit of PKR 256.988 million and an after-tax profit of PKR 171.897 million. The earnings per share (EPS) stood at PKR 2.58.
An annual general meeting (AGM) has been scheduled for April 29, 2024, at 12:30 PM. Shareholders should note the book closure dates from April 20, 2024, to April 29, 2024, to be eligible for the dividend. This announcement comes as a positive note for the company's financial health and its commitment to rewarding shareholders.