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Home > News and events > Pak-Qatar Takaful Group Posts PKR 225 Million PBT

Pak-Qatar Takaful Group Posts PKR 225 Million PBT

Pak-Qatar Takaful Group, which comprises of Pak-Qatar Family Takaful Limited and Pak-Qatar General Takaful Limited, reviewed and approved the financial statements of both the Companies for the year ended December 31, 2020 during the Board meeting recently. Pak-Qatar Takaful is Pakistan’s Pioneer and largest Takaful Group operating for more than a decade with the largest Takaful branch network nationwide.

Pak-Qatar Takaful Group achieved an aggregate turnover of around PKR 8.56 Billion. The Group posted a net profit after tax of PKR 182.6 Million for the year 2020. Participant Takaful Fund generated the net consolidated surplus of PKR 113 Million.

Profit before tax of Pak-Qatar Family Takaful Limited (PQFTL) increased to PKR 208.1 Million as compared to PKR 84.1 Million last year, a growth of 147% despite all challenges (economic and political) and the global pandemic caused by COVID-19. The company has increased its balance sheet footing through impressive growth in its investments and financing portfolio. Pak-Qatar General Takaful Limited (PQGTL) posted the profit after tax of PKR 19 Million.

Earnings per share (EPS) of Pak-Qatar Family Takaful Limited was recorded at PKR 1.25 while PKR 0.37 for Pak-Qatar General Takaful Limited. Pak-Qatar Family Takaful Limited (PQFTL) has declared 7.5% dividend for its shareholders.

The Board appreciated the management for their efforts despite Pandemic on the impressive results of the Group.

Press has been published in following dailies;

Dawn

https://www.dawn.com/news/1624563/pak-qatar-takaful-earns-rs182m

Business Recorder

https://epaper.brecorder.com/2021/05/20/5-page/886637-news.html

The Nation

https://nation.com.pk/20-May-2021/pak-qatar-takaful-posts-rs182-6m-net-profit

Pakistan Today

City News

Daily Spokesman

Statesman

https://mashriqtv.pk/latest/140796

Jang

https://e.jang.com.pk/05-20-2021/lahore/pic.asp?picname=04_12.png

Express

https://www.express.com.pk/epaper/PoPupwindow.aspx?newsID=1108356734&Issue=NP_KHI&Date=20210520

Dunya

https://dunya.com.pk/index.php/business/2021-05-20/1825894

Nawa-i-Wqt

https://www.nawaiwaqt.com.pk/20-May-2021/1350705

92 News

https://www.roznama92news.com/backend/web/uploads/epaper/1/2021/05/20052021/p4-khi-018.jpg

Nai Baat

http://e.naibaat.pk/ePaper/karachi/20-05-2021/details.aspx?id=p3_03.jpg

Jehan Pakistan

http://jehanpakistan.com/epaper/epaper/karachi/200521/p10-029.jpg

Ausaf

https://www.dailyausaf.com/epaper/issues/2021-05-20/1621453434-full.jpg

Juraat

Eeman

Beopar

Pro Pakistani

https://propakistani.pk/2021/05/19/pak-qatar-takaful-group-posts-profit-of-rs-182-6-million-in-2020/

Urdu Point

https://www.urdupoint.com/business/news-detail/live-news-2807359.html

Khabrain

https://epaper.dailykhabrain.com.pk/epaper?station_id=12&page_id=136484

NBIA News

https://nbianews.com/pak-qatar-takaful-group-posts-pkr-225-million-pbt/

Trade Chronicle

https://tradechronicle.com/pak-qatar-takaful-group-posts-pbt-pkr-225-million/News

Update Times

https://newsupdatetimes.com/pak-qatar-takaful-group-posts-pkr-225-million-pbt/

All About Pakistan

https://allaboutpaki.com/pak-qatar-takaful-group-posts-revenue-of-rs-182-6-million-in-2020/

Tash Solution

https://tashsolution.com/pak-qatar-takaful-group-posts-revenue-of-rs-182-6-million-in-2020/

Bulletin Tribune

https://tashsolution.com/pak-qatar-takaful-group-posts-revenue-of-rs-182-6-million-in-2020/