Karachi, Crescent Star Insurance Company Limited informed Pakistan Stock Exchange that board of directors meeting of the company will be held on March 24, 2023 at Karachi. The agenda of the meeting will to consider the Annual Accounts for the period ended December 31, 2022.
Further, the company has declared the closed period from March 18, 2023 to March 24, 2023.
Crescent Star Insurance Company Limited was established in 1957 and a registered Insurer with the Securities and Exchange Commission of Pakistan. The company is listed on Pakistan Stock Exchange (PSX) and is also a member of Insurance Association of Pakistan (IAP).
The Product portfolio of the Company has been underwriting general Insurer business of Fire, Marine Cargo, Motor, Livestock, Crop, Travel and Miscellaneous through its wide network of branches across Pakistan.
The number of shares the company has introduced are 107,695,041. The Earnings per share is 0.51 in 2020 which was 0.46 in 2019. The Profit after Taxation of the Company is 54,582,000 which was 49,133,000 in 2019.