Askari General Insurance Co. Reports Solid Performance in 2024 First Quarter

Karachi, Shares of Askari General Insurance Co. (AGIC) closed today at a rate of Rs. 21.52, slightly higher than the daily weighted average rate of Rs. 21.75. The company, listed in 1996, has shown a commendable financial trajectory with earnings per share (EPS) standing at Rs. 18.25 for the period from January to March 2024. AGIC also reported significant growth in its distributions, increasing from 29% in 2022 to 32.50% in 2023. The market lot size for the company remains stable at 500 shares.