Jubilee Life Insurance announces cash dividend : AsiaNet-Pakistan

Jubilee Life Insurance announces cash dividend

September 1, 2016 | General Business News | Share:

Karachi, September 01, 2016 (PPI-OT):Jubilee Life Insurance Company Limited announced impressive financial results for the first half of 2016, declaring an interim cash dividend of 30% (Rs.3.00 per share). The results were declared by the Board of Directors who met under the chairmanship of Kamal A. Chinoy to review the half yearly performance of the Company.

The Company reported a pre-tax profit of Rs.1,289 million for the first half of 2016, which is19% higher than the pre-tax profit of Rs.1,086 million for the corresponding period last year, whilst the profit after tax aggregating to Rs.808 million recorded an increase of 20%, as against Rs.674 million in the corresponding period of last year.

For more information, contact:
Head Office,
Jubilee Life Insurance Company Limited
74/1-A, Lalazar, M.T. Khan Road, Karachi-74000, Pakistan
Tel: +92-21-35205095
Fax: +92-21-34322011
Call Center: +92-21-111-111-554 (JLI)
Email: info@jubileelife.com
Website: http://jubileelife.com

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Category: General Business News