Although the company increased its net insurance premium, its net profit has decreased to Rs 298.5 million in the last FY compared to Rs 313 million of the previous FY.
During the period, the company extended loan against the policy of Rs 1.19 billion through which it earned an income of Rs 107.8 million. Similarly, it earned Rs 910.2 million from investment, loan and others.
The company with Rs 2.25 billion in paid-up capital has reserve fund of Rs 889.8 million, life insurance fund of Rs 11.47 billion and disaster fund of Rs 139.4 million.
The company logged EPS of Rs 13.22, net worth per share of 147.56 and P/E ratio of 40.18 times.
Till date, the company earned Rs 18.44 billion in total insurance premium. The company paid Rs 700.1 million to 2,549 claims and has an outstanding payment of Rs 5.5 million to 28 claims.