IGI Life Insurance Limited Reports Earnings Results for the Second Quarter and Six Months Ended June 30, 2022
August 29, 2022 at 07:06 am EDT
IGI Life Insurance Limited reported earnings results for the second quarter and six months ended June 30, 2022. For the second quarter, the company reported revenue was PKR 1,778.08 million compared to PKR 2,135.07 million a year ago. Net income was PKR 7.11 million compared to net loss of PKR 78.98 million a year ago. Basic earnings per share from continuing operations was PKR 0.04 compared to basic loss per share from continuing operations of PKR 0.46 a year ago.
For the six months, revenue was PKR 3,693.9 million compared to PKR 4,326.75 million a year ago. Net income was PKR 10.82 million compared to net loss of PKR 142.29 million a year ago. Basic earnings per share from continuing operations was PKR 0.06 compared to basic loss per share from continuing operations of PKR 0.83 a year ago.