Askari Life Assurance Co. Faces Challenges in Fiscal Year

Karachi, Askari Life Assurance Co. (ALAC) reported a challenging financial year for the period ending December 2023. The company’s daily weighted average rate was Rs. 12.96, with a paid-up capital of Rs. 1,501.72 million. ALAC, listed since 1994, experienced a high share rate of Rs. 6.96 and a low of Rs. 4.32, with a turnover of 4,803,000 shares. The EPS for the period was Rs. -1.84*.

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