New Risk • May 15
New major risk - Earnings quality The company has a high level of non-cash earnings. Accrual ratio: 23% This is considered a major risk. Non-cash earnings can arise from many different things. However, if a company consistently has a high level of non-cash earnings, it may be a sign that they are recognizing revenue from customers before the full value of the sales are received as cash or they are not depreciating the value of their assets appropriately. These are practices that inflate earnings, while not providing a similar increase to cash flows. Companies in some select industries naturally have a high level of non-cash earnings and it is not a major concern. However, in the worst case scenario it can be an early sign of performance manipulation by management. Currently, the following risks have been identified for the company: Major Risk High level of non-cash earnings (23% accrual ratio). Minor Risks Dividend is not well covered by cash flows (dividend per share is over 31x cash flows per share). Market cap is less than US$100m (PK₨2.94b market cap, or US$10.6m). Reported Earnings • May 05
First quarter 2026 earnings released: EPS: PK₨0.38 (vs PK₨1.97 in 1Q 2025) First quarter 2026 results: EPS: PK₨0.38 (down from PK₨1.97 in 1Q 2025). Revenue: PK₨393.1m (down 22% from 1Q 2025). Net income: PK₨20.9m (down 81% from 1Q 2025). Profit margin: 5.3% (down from 22% in 1Q 2025). The decrease in margin was driven by lower revenue. Over the last 3 years on average, earnings per share has increased by 11% per year but the company’s share price has increased by 46% per year, which means it is tracking significantly ahead of earnings growth. Valuation Update With 7 Day Price Move • Apr 23
Investor sentiment deteriorates as stock falls 15% After last week's 15% share price decline to PK₨52.25, the stock trades at a trailing P/E ratio of 5.3x. Average trailing P/E is 7x in the Insurance industry in Pakistan. Total returns to shareholders of 372% over the past three years. Announcement • Apr 21
Century Insurance Company Limited to Report Q1, 2026 Results on Apr 28, 2026 Century Insurance Company Limited announced that they will report Q1, 2026 results on Apr 28, 2026 Upcoming Dividend • Apr 14
Upcoming dividend of PK₨6.00 per share Eligible shareholders must have bought the stock before 21 April 2026. Payment date: 21 May 2026. Payout ratio is a comfortable 60% but the company is paying out more than the cash it is generating. Trailing yield: 9.8%. Within top quartile of Pakistani dividend payers (7.8%). Higher than average of industry peers (7.5%). Declared Dividend • Mar 14
Dividend of PK₨6.00 announced Dividend of PK₨6.00 is the same as last year. Ex-date: 21st April 2026 Payment date: 21st May 2026 Dividend yield will be 9.9%, which is lower than the industry average of 11%. Sustainability & Growth Dividend is covered by earnings (57% earnings payout ratio) but not covered by cash flows (492% cash payout ratio). The dividend has increased by an average of 17% per year over the past 10 years. However, payments have been volatile during that time. Earnings per share has grown by 18% over the last 5 years. Unless this trend reverses, it should provide support to the dividend and adequate earnings cover. Announcement • Mar 13
Century Insurance Company Limited, Annual General Meeting, Apr 29, 2026 Century Insurance Company Limited, Annual General Meeting, Apr 29, 2026. Location: karachi Pakistan Reported Earnings • Mar 13
Full year 2025 earnings released: EPS: PK₨9.93 (vs PK₨10.57 in FY 2024) Full year 2025 results: EPS: PK₨9.93 (down from PK₨10.57 in FY 2024). Revenue: PK₨2.21b (up 7.9% from FY 2024). Net income: PK₨549.6m (down 6.0% from FY 2024). Profit margin: 25% (down from 28% in FY 2024). The decrease in margin was driven by higher expenses. Over the last 3 years on average, earnings per share has increased by 18% per year but the company’s share price has increased by 57% per year, which means it is tracking significantly ahead of earnings growth. Announcement • Mar 13
Century Insurance Company Limited announces Annual dividend, payable on May 21, 2026 Century Insurance Company Limited announced Annual dividend of PKR 6.0000 per share payable on May 21, 2026, ex-date on April 21, 2026 and record date on April 21, 2026. Announcement • Mar 05
Century Insurance Company Limited to Report Fiscal Year 2025 Results on Mar 11, 2026 Century Insurance Company Limited announced that they will report fiscal year 2025 results on Mar 11, 2026 New Risk • Nov 09
New major risk - Earnings quality The company has a high level of non-cash earnings. Accrual ratio: 29% This is considered a major risk. Non-cash earnings can arise from many different things. However, if a company consistently has a high level of non-cash earnings, it may be a sign that they are recognizing revenue from customers before the full value of the sales are received as cash or they are not depreciating the value of their assets appropriately. These are practices that inflate earnings, while not providing a similar increase to cash flows. Companies in some select industries naturally have a high level of non-cash earnings and it is not a major concern. However, in the worst case scenario it can be an early sign of performance manipulation by management. Currently, the following risks have been identified for the company: Major Risk High level of non-cash earnings (29% accrual ratio). Minor Risks Dividend is not well covered by cash flows (280% cash payout ratio). Market cap is less than US$100m (PK₨3.15b market cap, or US$11.2m). Reported Earnings • Nov 01
Third quarter 2025 earnings released: EPS: PK₨3.04 (vs PK₨2.37 in 3Q 2024) Third quarter 2025 results: EPS: PK₨3.04 (up from PK₨2.37 in 3Q 2024). Revenue: PK₨622.2m (up 33% from 3Q 2024). Net income: PK₨168.0m (up 28% from 3Q 2024). Profit margin: 27% (down from 28% in 3Q 2024). The decrease in margin was driven by higher expenses. Over the last 3 years on average, earnings per share has increased by 23% per year but the company’s share price has increased by 41% per year, which means it is tracking significantly ahead of earnings growth. Reported Earnings • Aug 23
Second quarter 2025 earnings released: EPS: PK₨2.55 (vs PK₨3.11 in 2Q 2024) Second quarter 2025 results: EPS: PK₨2.55 (down from PK₨3.11 in 2Q 2024). Revenue: PK₨526.8m (down 1.5% from 2Q 2024). Net income: PK₨141.1m (down 18% from 2Q 2024). Profit margin: 27% (down from 32% in 2Q 2024). The decrease in margin was primarily driven by higher expenses. Over the last 3 years on average, earnings per share has increased by 27% per year but the company’s share price has increased by 35% per year, which means it is tracking significantly ahead of earnings growth. Valuation Update With 7 Day Price Move • May 09
Investor sentiment deteriorates as stock falls 15% After last week's 15% share price decline to PK₨33.81, the stock trades at a trailing P/E ratio of 3.2x. Average trailing P/E is 4x in the Insurance industry in Pakistan. Total returns to shareholders of 187% over the past three years. Reported Earnings • May 02
First quarter 2025 earnings released: EPS: PK₨1.97 (vs PK₨2.13 in 1Q 2024) First quarter 2025 results: EPS: PK₨1.97 (down from PK₨2.13 in 1Q 2024). Revenue: PK₨501.1m (up 8.7% from 1Q 2024). Net income: PK₨108.9m (down 7.4% from 1Q 2024). Profit margin: 22% (down from 26% in 1Q 2024). The decrease in margin was driven by higher expenses. Over the last 3 years on average, earnings per share has increased by 32% per year whereas the company’s share price has increased by 28% per year. New Risk • Apr 20
New minor risk - Share price stability The company's share price has been volatile over the past 3 months. It is more volatile than 75% of Pakistani stocks, typically moving 6.5% a week. This is considered a minor risk. Share price volatility indicates the stock is highly sensitive to market conditions or economic conditions rather than being sensitive to its own business performance, which may also be inconsistent. It also increases the risk of potential losses in the short term as the stock tends to have larger drops in price more frequently than other stocks. Currently, the following risks have been identified for the company: Major Risks High level of non-cash earnings (49% accrual ratio). Market cap is less than US$10m (PK₨2.28b market cap, or US$8.14m). Minor Risks Paying a dividend despite having no free cash flows. Share price has been volatile over the past 3 months (6.5% average weekly change). Upcoming Dividend • Apr 18
Upcoming dividend of ฿6.00 per share Eligible shareholders must have bought the stock before 25 April 2025. Payment date: 21 May 2025. Payout ratio is a comfortable 57% but the company is not cash flow positive. Trailing yield: 14%. Within top quartile of Pakistani dividend payers (10%). Higher than average of industry peers (8.9%). Reported Earnings • Feb 21
Full year 2024 earnings released: EPS: PK₨10.57 (vs PK₨8.98 in FY 2023) Full year 2024 results: EPS: PK₨10.57 (up from PK₨8.98 in FY 2023). Revenue: PK₨2.10b (up 20% from FY 2023). Net income: PK₨584.7m (up 18% from FY 2023). Profit margin: 28% (in line with FY 2023). Over the last 3 years on average, earnings per share has increased by 33% per year but the company’s share price has increased by 40% per year, which means it is tracking significantly ahead of earnings growth. Announcement • Feb 18
Century Insurance Company Limited, Annual General Meeting, Apr 29, 2025 Century Insurance Company Limited, Annual General Meeting, Apr 29, 2025. Location: karachi Pakistan Reported Earnings • Nov 01
Third quarter 2024 earnings released: EPS: PK₨2.37 (vs PK₨2.77 in 3Q 2023) Third quarter 2024 results: EPS: PK₨2.37 (down from PK₨2.77 in 3Q 2023). Revenue: PK₨461.4m (up 3.3% from 3Q 2023). Net income: PK₨131.0m (down 15% from 3Q 2023). Profit margin: 28% (down from 34% in 3Q 2023). The decrease in margin was driven by higher expenses. Over the last 3 years on average, earnings per share has increased by 32% per year but the company’s share price has only increased by 20% per year, which means it is significantly lagging earnings growth. Reported Earnings • Sep 02
Second quarter 2024 earnings released: EPS: PK₨3.11 (vs PK₨1.39 in 2Q 2023) Second quarter 2024 results: EPS: PK₨3.11 (up from PK₨1.39 in 2Q 2023). Revenue: PK₨514.5m (up 21% from 2Q 2023). Net income: PK₨172.0m (up 124% from 2Q 2023). Profit margin: 33% (up from 18% in 2Q 2023). The increase in margin was primarily driven by higher revenue. Over the last 3 years on average, earnings per share has increased by 29% per year but the company’s share price has only increased by 15% per year, which means it is significantly lagging earnings growth. New Risk • May 02
New major risk - Earnings quality The company has a high level of non-cash earnings. Accrual ratio: 22% This is considered a major risk. Non-cash earnings can arise from many different things. However, if a company consistently has a high level of non-cash earnings, it may be a sign that they are recognizing revenue from customers before the full value of the sales are received as cash or they are not depreciating the value of their assets appropriately. These are practices that inflate earnings, while not providing a similar increase to cash flows. Companies in some select industries naturally have a high level of non-cash earnings and it is not a major concern. However, in the worst case scenario it can be an early sign of performance manipulation by management. Currently, the following risks have been identified for the company: Major Risks Share price has been highly volatile over the past 3 months (10% average weekly change). High level of non-cash earnings (22% accrual ratio). Market cap is less than US$10m (PK₨1.27b market cap, or US$4.57m). Minor Risk Dividend is not well covered by cash flows (296% cash payout ratio). Valuation Update With 7 Day Price Move • Apr 08
Investor sentiment improves as stock rises 17% After last week's 17% share price gain to PK₨32.17, the stock trades at a trailing P/E ratio of 4.2x. Average trailing P/E is 5x in the Insurance industry in Pakistan. Total returns to shareholders of 126% over the past three years. Upcoming Dividend • Apr 02
Upcoming dividend of ฿4.50 per share Eligible shareholders must have bought the stock before 09 April 2024. Payment date: 15 May 2024. Payout ratio is a comfortable 32% but the company is paying out more than the cash it is generating. Trailing yield: 16%. Within top quartile of Pakistani dividend payers (13%). Higher than average of industry peers (10%). Valuation Update With 7 Day Price Move • Mar 19
Investor sentiment improves as stock rises 20% After last week's 20% share price gain to PK₨27.28, the stock trades at a trailing P/E ratio of 3.5x. Average trailing P/E is 5x in the Insurance industry in Pakistan. Total returns to shareholders of 90% over the past three years. Declared Dividend • Mar 16
Dividend of ฿4.50 announced Shareholders will receive a dividend of ฿4.50. Ex-date: 9th April 2024 Payment date: 15th May 2024 Dividend yield will be 17%, which is higher than the industry average of 11%. Sustainability & Growth Dividend is covered by earnings (32% earnings payout ratio) but not covered by cash flows (130% cash payout ratio). The dividend has increased by an average of 7.3% per year over the past 10 years. However, payments have been volatile during that time. Earnings per share has grown by 38% over the last 5 years. Unless this trend reverses, it should provide support to the dividend and adequate earnings cover. Board Change • Mar 11
No independent directors Following the recent departure of a director, there are no independent directors on the board. The company's board is composed of: No independent directors. 9 non-independent directors. Director Jawed Akhlaq was the last director to join the board, commencing their role in 2023. The company's lack of independent directors is a risk according to the Simply Wall St Risk Model. New Risk • Nov 07
New major risk - Earnings quality The company has a high level of non-cash earnings. Accrual ratio: 21% This is considered a major risk. Non-cash earnings can arise from many different things. However, if a company consistently has a high level of non-cash earnings, it may be a sign that they are recognizing revenue from customers before the full value of the sales are received as cash or they are not depreciating the value of their assets appropriately. These are practices that inflate earnings, while not providing a similar increase to cash flows. Companies in some select industries naturally have a high level of non-cash earnings and it is not a major concern. However, in the worst case scenario it can be an early sign of performance manipulation by management. Currently, the following risks have been identified for the company: Major Risks High level of non-cash earnings (21% accrual ratio). Market cap is less than US$10m (PK₨1.12b market cap, or US$3.90m). Minor Risk Dividend is not well covered by cash flows (130% cash payout ratio). Reported Earnings • Nov 02
Third quarter 2023 earnings released: EPS: PK₨2.77 (vs PK₨1.53 in 3Q 2022) Third quarter 2023 results: EPS: PK₨2.77 (up from PK₨1.53 in 3Q 2022). Revenue: PK₨440.7m (up 32% from 3Q 2022). Net income: PK₨153.4m (up 81% from 3Q 2022). Profit margin: 35% (up from 25% in 3Q 2022). The increase in margin was driven by higher revenue. Over the last 3 years on average, earnings per share has increased by 14% per year but the company’s share price has fallen by 4% per year, which means it is significantly lagging earnings. Valuation Update With 7 Day Price Move • Oct 13
Investor sentiment improves as stock rises 15% After last week's 15% share price gain to PK₨20.76, the stock trades at a trailing P/E ratio of 3.2x. Average trailing P/E is 5x in the Insurance industry in Pakistan. Total returns to shareholders of 45% over the past three years. Reported Earnings • Aug 30
Second quarter 2023 earnings released: EPS: PK₨1.39 (vs PK₨1.12 in 2Q 2022) Second quarter 2023 results: EPS: PK₨1.39 (up from PK₨1.12 in 2Q 2022). Revenue: PK₨415.5m (up 23% from 2Q 2022). Net income: PK₨76.8m (up 24% from 2Q 2022). Profit margin: 19% (in line with 2Q 2022). Over the last 3 years on average, earnings per share has increased by 12% per year but the company’s share price has fallen by 6% per year, which means it is significantly lagging earnings. Valuation Update With 7 Day Price Move • May 10
Investor sentiment improves as stock rises 15% After last week's 15% share price gain to PK₨18.00, the stock trades at a trailing P/E ratio of 2.9x. Average trailing P/E is 6x in the Insurance industry in Pakistan. Total returns to shareholders of 71% over the past three years. Reported Earnings • Apr 30
First quarter 2023 earnings released: EPS: PK₨1.59 (vs PK₨1.02 in 1Q 2022) First quarter 2023 results: EPS: PK₨1.59 (up from PK₨1.02 in 1Q 2022). Revenue: PK₨360.0m (up 18% from 1Q 2022). Net income: PK₨87.8m (up 55% from 1Q 2022). Profit margin: 24% (up from 19% in 1Q 2022). The increase in margin was driven by higher revenue. Over the last 3 years on average, earnings per share has increased by 15% per year but the company’s share price has only increased by 2% per year, which means it is significantly lagging earnings growth. Upcoming Dividend • Apr 10
Upcoming dividend of ฿2.50 per share at 14% yield Eligible shareholders must have bought the stock before 17 April 2023. Payment date: 19 May 2023. Payout ratio is a comfortable 40% but the company is paying out more than the cash it is generating. Trailing yield: 14%. Within top quartile of Pakistani dividend payers (13%). Higher than average of industry peers (11%). Board Change • Dec 28
Less than half of directors are independent There is 1 new director who has joined the board in the last 3 years. The new board member was an independent director. The company's board is composed of: 1 new director. 5 experienced directors. 1 highly experienced director. 2 independent directors (5 non-independent directors). Independent Director Akber Vazir was the last independent director to join the board, commencing their role in 2020. The following issues are considered to be risks according to the Simply Wall St Risk Model: Minority of independent directors. Insufficient board refreshment. Board Change • Nov 22
Less than half of directors are independent There is 1 new director who has joined the board in the last 3 years. The new board member was an independent director. The company's board is composed of: 1 new director. 5 experienced directors. 1 highly experienced director. 2 independent directors (5 non-independent directors). Independent Director Akber Vazir was the last independent director to join the board, commencing their role in 2020. The following issues are considered to be risks according to the Simply Wall St Risk Model: Minority of independent directors. Insufficient board refreshment. Reported Earnings • Nov 02
Third quarter 2022 earnings released Third quarter 2022 results: Revenue: PK₨338.7m (up 30% from 3Q 2021). Net income: PK₨84.8m (up 44% from 3Q 2021). Profit margin: 25% (up from 23% in 3Q 2021). The increase in margin was driven by higher revenue. Reported Earnings • Sep 19
Second quarter 2022 earnings released: EPS: PK₨1.12 (vs PK₨1.29 in 2Q 2021) Second quarter 2022 results: EPS: PK₨1.12 (down from PK₨1.29 in 2Q 2021). Revenue: PK₨338.0m (up 30% from 2Q 2021). Net income: PK₨61.9m (down 13% from 2Q 2021). Profit margin: 18% (down from 27% in 2Q 2021). The decrease in margin was driven by higher expenses. Over the last 3 years on average, earnings per share has increased by 32% per year but the company’s share price has only increased by 7% per year, which means it is significantly lagging earnings growth. Board Change • Sep 06
Less than half of directors are independent There is 1 new director who has joined the board in the last 3 years. The new board member was an independent director. The company's board is composed of: 1 new director. 5 experienced directors. 1 highly experienced director. 2 independent directors (5 non-independent directors). Independent Director Akber Vazir was the last independent director to join the board, commencing their role in 2020. The following issues are considered to be risks according to the Simply Wall St Risk Model: Minority of independent directors. Insufficient board refreshment. Valuation Update With 7 Day Price Move • Aug 05
Investor sentiment improved over the past week After last week's 19% share price gain to PK₨19.00, the stock trades at a trailing P/E ratio of 4x. Average trailing P/E is 6x in the Insurance industry in Pakistan. Total returns to shareholders of 60% over the past three years. Board Change • Jul 26
Less than half of directors are independent Following the recent departure of a director, there are only 2 independent directors on the board. The company's board is composed of: 2 independent directors. 5 non-independent directors. Independent Director Akber Vazir was the last independent director to join the board, commencing their role in 2020. The company's minority of independent directors is a risk according to the Simply Wall St Risk Model. Board Change • May 10
Less than half of directors are independent Following the recent departure of a director, there are only 2 independent directors on the board. The company's board is composed of: 2 independent directors. 5 non-independent directors. Independent Director Akber Vazir was the last independent director to join the board, commencing their role in 2020. The company's minority of independent directors is a risk according to the Simply Wall St Risk Model. Valuation Update With 7 Day Price Move • Apr 20
Investor sentiment deteriorated over the past week After last week's 16% share price decline to PK₨19.86, the stock trades at a trailing P/E ratio of 4x. Average trailing P/E is 7x in the Insurance industry in Pakistan. Total returns to shareholders of 54% over the past three years. Upcoming Dividend • Apr 13
Upcoming dividend of PK₨2.25 per share Eligible shareholders must have bought the stock before 20 April 2022. Payment date: 24 May 2022. Payout ratio is a comfortable 41% and this is well supported by cash flows. Trailing yield: 8.6%. Lower than top quartile of Pakistani dividend payers (10%). In line with average of industry peers (8.5%). Reported Earnings • Apr 06
Full year 2021 earnings released: EPS: PK₨5.52 (vs PK₨4.82 in FY 2020) Full year 2021 results: EPS: PK₨5.52 (up from PK₨4.82 in FY 2020). Revenue: PK₨1.07b (up 11% from FY 2020). Net income: PK₨277.5m (up 14% from FY 2020). Profit margin: 26% (in line with FY 2020). Over the last 3 years on average, earnings per share has increased by 48% per year but the company’s share price has only increased by 6% per year, which means it is significantly lagging earnings growth. Valuation Update With 7 Day Price Move • Mar 02
Investor sentiment improved over the past week After last week's 24% share price gain to PK₨22.38, the stock trades at a trailing P/E ratio of 3.9x. Average trailing P/E is 7x in the Insurance industry in Pakistan. Total returns to shareholders of 46% over the past three years. Reported Earnings • Oct 29
Third quarter 2021 earnings released: EPS PK₨1.17 (vs PK₨1.08 in 3Q 2020) The company reported a solid third quarter result with improved earnings and revenues, although profit margins were flat. Third quarter 2021 results: Revenue: PK₨259.6m (up 7.8% from 3Q 2020). Net income: PK₨58.8m (up 8.6% from 3Q 2020). Profit margin: 23% (in line with 3Q 2020). Over the last 3 years on average, earnings per share has increased by 51% per year but the company’s share price has fallen by 2% per year, which means it is significantly lagging earnings. Reported Earnings • Aug 29
Second quarter 2021 earnings released: EPS PK₨1.41 (vs PK₨1.06 in 2Q 2020) The company reported a strong second quarter result with improved earnings, revenues and profit margins. Second quarter 2021 results: Revenue: PK₨257.9m (up 6.2% from 2Q 2020). Net income: PK₨71.1m (up 34% from 2Q 2020). Profit margin: 28% (up from 22% in 2Q 2020). The increase in margin was primarily driven by higher revenue. Over the last 3 years on average, earnings per share has increased by 56% per year but the company’s share price has remained flat, which means it is significantly lagging earnings. Board Change • Aug 20
Less than half of directors are independent Following the recent departure of a director, there are only 2 independent directors on the board. The company's board is composed of: 2 independent directors. 5 non-independent directors. Independent Director Akber Vazir was the last independent director to join the board, commencing their role in 2020. The company's minority of independent directors is a risk according to the Simply Wall St Risk Model. Reported Earnings • May 02
First quarter 2021 earnings released: EPS PK₨1.41 (vs PK₨0.87 in 1Q 2020) The company reported a strong first quarter result with improved earnings, revenues and profit margins. First quarter 2021 results: Revenue: PK₨267.9m (up 24% from 1Q 2020). Net income: PK₨71.0m (up 62% from 1Q 2020). Profit margin: 27% (up from 20% in 1Q 2020). The increase in margin was driven by higher revenue. Over the last 3 years on average, earnings per share has increased by 50% per year but the company’s share price has fallen by 7% per year, which means it is significantly lagging earnings. Valuation Update With 7 Day Price Move • Apr 26
Investor sentiment deteriorated over the past week After last week's 16% share price decline to PK₨18.06, the stock trades at a trailing P/E ratio of 3.7x. Average trailing P/E is 7x in the Insurance industry in Pakistan. Total loss to shareholders of 2.1% over the past three years. Upcoming Dividend • Apr 14
Upcoming dividend of PK₨2.00 per share Eligible shareholders must have bought the stock before 21 April 2021. Payment date: 21 May 2021. Trailing yield: 9.1%. Within top quartile of Pakistani dividend payers (9.0%). Higher than average of industry peers (5.6%). Reported Earnings • Apr 11
Full year 2020 earnings released: EPS PK₨4.82 (vs PK₨2.89 in FY 2019) The company reported a strong full year result with improved earnings, revenues and profit margins. Full year 2020 results: Revenue: PK₨959.6m (up 13% from FY 2019). Net income: PK₨242.6m (up 67% from FY 2019). Profit margin: 25% (up from 17% in FY 2019). The increase in margin was driven by higher revenue. Combined ratio: 79.1% (down from 84.7% in FY 2019). Over the last 3 years on average, earnings per share has increased by 38% per year but the company’s share price has fallen by 8% per year, which means it is significantly lagging earnings. Reported Earnings • Mar 03
Full year 2020 earnings released: EPS PK₨5.00 (vs PK₨2.89 in FY 2019) The company reported a strong full year result with improved earnings, revenues and profit margins. Full year 2020 results: Revenue: PK₨989.1m (up 17% from FY 2019). Net income: PK₨242.6m (up 67% from FY 2019). Profit margin: 25% (up from 17% in FY 2019). The increase in margin was driven by higher revenue. Over the last 3 years on average, earnings per share has increased by 38% per year but the company’s share price has fallen by 5% per year, which means it is significantly lagging earnings. Is New 90 Day High Low • Jan 06
New 90-day high: PK₨24.50 The company is up 9.0% from its price of PK₨22.44 on 08 October 2020. The Pakistani market is also up 9.0% over the last 90 days, indicating the company’s price trend is similar to the market over that time. However, it outperformed the Insurance industry, which is flat over the same period. Reported Earnings • Nov 01
Third quarter earnings released Over the last 12 months the company has reported total profits of PK₨258.1m, up 352% from the prior year. Total revenue was PK₨995.3m over the last 12 months, up 40% from the prior year. Is New 90 Day High Low • Oct 26
New 90-day low: PK₨20.00 The company is down 6.0% from its price of PK₨21.30 on 28 July 2020. The Pakistani market is up 6.0% over the last 90 days, indicating the company underperformed over that time. It also underperformed the Insurance industry, which is up 11% over the same period.