Financial results of Premier Insurance Limited for Year ended December 31, 2019.

Karachi: Premier Insurance Limited informed Pakistan Stock Exchange about the recommendations made by the board of directors in the meeting held at Karachi on April 05, 2020.

The agenda of the meeting was discussion of profit and loss account for year ended December 31, 2019 which portrayed a loss of Rs. 239,761 with loss per share 4.74 basic and diluted respectively.

Further, nil payment of cash dividend, bonus shares and right shares was agreed.

Furthermore, the share transfer books of the company will remain closed from May 19, 2020 to May 29, 2020 (both days inclusive).

Premier Insurance Limited was incorporated in Pakistan in May, 1952 as a public limited company. The operations of the business are related to general insurance. The...