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The Adamjee Insurance Company Ltd has achieved the highest ever pre-tax profit of Rs 1,278 million and after tax profit of Rs 1,163 million while gross premium of Rs 6,682 million was the highest in the history of the Company. EPS of Rs 14.08 was also recorded for the first time.
According to a press release, the meeting Chairman Wasif M Khan told this during the 45th Annual General Meeting of the Company shareholders, which held under his chair at Karachi on Thursday (March 30). Welcoming the shareholders, the Chairman said an overall performance during 2005 was hence remarkable.-PR

Copyright Business Recorder, 2006

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