Karachi, Adamjee Insurance Company Limited informed Pakistan Stock Exchange that board of directors meeting of the company will be held on February 07, 2023 at Karachi. The agenda of the meeting will to consider the Annual Accounts for the period ended December 31, 2022 for declaration of any entitlement has been rescheduled on February 10, 2023.
Further, the company has declared the closed period from February 03, 2023 to February 10, 2023.
Adamjee Insurance Company Limited is the general insurance company of Pakistan, and was incorporated as a Public Limited Company on September 28, 1960. The Company is listed on Pakistan Stock Exchange Limited and also has regional presence in United Arab Emirates.
The Company is principally engaged in the general insurance business comprising fire and property, marine, motor, accident, health and miscellaneous. The shares of the Company are listed on Pakistan Stock Exchange.
The total number of shares the company has issued are 350,000,000 where the Earnings Per Share in 2020 is 5.36 which was 5.18 in 2019. The Profit After Taxation has also increased in 2020 and is 1,875,506,000 which was 1,812,975,000 in 2019.