Financial Results Year Ending Dec 2023
IGIHL announced an Earnings Per Share (EPS) of Rs. 9.24 compared to Rs. 6.39 last year, registering an increase of over 44%.
IGIHL also announced a final Cash Dividend of 40%. This is in addition to an interim 20% cash dividend.
IGIHL is a holding company IGI Life Insurance that is quoted on Pakistan Stock Exchange under the symbol IGIL.
The entire revenue of IGIHL, the holding company, consists of dividend income. For the current year, this revenue increased by 15% over last year.
Packages Ltd (PKGS) holds over 10.5% shares of IGIHL. In addition, Syed Babar Ali controls over 46% shares directly or indirectly.
IGIHL is trading at Rs 115 per share.
Download Year 2023 Earning Release
