IGI Holdings Limited Announces Unaudited Unconsolidated and Consolidated Earnings Results for the Third Quarter and Nine Months Ended Sep. 30, 2018
October 30, 2018 at 06:27 am EDT
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IGI Holdings Limited announced unaudited unconsolidated and consolidated earnings results for the third quarter and nine months ended Sep. 30, 2018. For the quarter on unconsolidated basis, the company reported operating revenues of PKR 298,050,000 compared to PKR 331,000 a year ago. Profit after taxation was PKR 251,208,000 compared to loss of PKR 4,701,000 a year ago. Basic and diluted earnings per share were PKR 2.03 compared to loss per share of PKR 0.04 a year ago.
For the nine months on unconsolidated basis, the company reported operating revenues of PKR 2,182,664,000 compared to PKR 228,801,000 a year ago. Profit after taxation was PKR 1,984,664,000 compared to PKR 23,372,000 a year ago. Basic and diluted earnings per share were PKR 16.03 compared to PKR 0.19 a year ago.
For the quarter on consolidated basis, the company reported operating revenues of PKR 2,377,149,000 compared to PKR 2,812,054,000 a year ago. Profit after taxation was PKR 520,171,000 compared to PKR 1,567,275,000 a year ago. Basic and diluted earnings per share were PKR 4.20 compared to PKR 12.77 a year ago.
For the nine months on consolidated basis, the company reported operating revenues of PKR 7,119,120,000 compared to PKR 8,017,599,000 a year ago. Profit after taxation was PKR 1,087,688,000 compared to PKR 3,246,651,000 a year ago. Basic and diluted earnings per share were PKR 8.78 compared to PKR 26.46 a year ago.
IGI Holdings Limited is a Pakistan-based investment holding company. The Company operates through four business units: Conventional Business, Takaful Business, Life Business and Family Takaful. Its Conventional Business includes Non-Life Business, and Brokerage and Investment Business. Its Takaful Business includes five primary business segments, such as fire, marine, health, motor, and miscellaneous. Its Life Business include The Life (participating) segment, The Life (non-participating) segment, The Life (non-participating) Group segment, The Investment Linked business segment, The Accident and Health - Individual segment, The Accident and Health - Group segment and The Pension Fund segment. Its Family Takaful business includes the individual family, the group family, and the group health takaful business segment. The Companyâs subsidiaries include IGI General Insurance Limited, IGI Investments (Private) Limited, IGI Life Insurance Limited, and IGI Finex Securities Limited.
IGI HOLDINGS LIMITED 
