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Board Meeting in Progress of Askari General Insurance Company Limited

Karachi, Askari General Insurance Company Limited informed Pakistan Stock Exchange that a meeting of the Board of Directors of the Company scheduled to be held on March 15, 2023 at Rawalpindi to consider Annual Financial Statement for the period ended June 30, 2022 is in progress.

Askari General Insurance Company Limited was incorporated in 1995. It is a Public Limited Company, registered and supervised by Securities and Exchange Commission of Pakistan. The shares of the company are quoted on Pakistan Stock Exchange with the symbol “AGIC” used for the shares of the company.

The Company is engaged in non-life insurance business comprising of fire, marine, motor, health, miscellaneous, and has a subsidiary of Army Welfare Trust.

The total number of shares company has issued so far are 71,901,898. Earning Per Share is 5.50 in 2020 which was 5.03 in 2019. The Net Profit Margin percentage has increased in 2020 and is 21.24% which was 17.95 % in 2019.

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