EFU Life Assurance Ltd. Announces Increased Profitability

Karachi, EFU Life Assurance Ltd. (EFUL) today released its earnings for the January-March 2024 period, posting an impressive EPS of Rs. 16.92. The company has demonstrated robust growth with its stock price reaching a quarterly high of Rs. 199.01 from a base rate of Rs. 193.00.

EFU Life Assurance also declared a consistent 150% distribution rate for the past two fiscal years, underlining its commitment to shareholder returns. The insurance provider, which was listed in 1995, reported a turnover of 83,800, confirming its position as a strong player in the life insurance sector.

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