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Karachi, EFU Life Assurance Limited informed Pakistan Stock Exchange that the Final cash dividend @ Rs. 10.50 per share i.e. 105% for the year ending December 31, 2022 has been credited electronically into the designated bank accounts of the shareholders of the Company on April 11, 2023.
EFU Life Assurance Limited is a Public Limited company incorporated in Pakistan on August 9, 1992. The company is engaged in life insurance business which includes ordinary life business, pension fund business and accident and health business. It is a subsidiary of EFU General Insurance Ltd.
The Government of Pakistan reopened the life insurance business to the private sector organizations and EFU Life Assurance Ltd started operations in November 1992.
The Shares which the company has introduced are 100,000,001. The Earnings per shares of the company has increased in 2020 and is 17.84 which was 15.49 in 2019. Their Profit after Taxation is 1,784,150,000 in 2020 which was 1,549,264,000 in 2019.