Crescent Star Insurance Ltd Faces Challenges in 2023

Karachi, (PPI Bot): Crescent Star Insurance Ltd NC, trading as CSIL, closed at Rs. 2.23, facing challenges in the market. The company, with a paid-up capital of Rs. 1,076.95 million, did not announce any distributions for 2023. Since its 1957 listing, Crescent Star Insurance has experienced a downturn, as indicated by an EPS of Rs. 0.43 for Jan-Oct 2023, a decrease from Rs. 1.06 in 2021 and Rs. 2.85 in 2022. The company’s turnover was 31,482,000, with a high rate of Rs. 2.23 and a low rate of Rs. 2.27.

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