Oct 23, 2026, 3:13 PM
Asia Insurance reports lower quarterly profit for the quarter ended September 30, 2026
Financial ResultAsia Insurance Company Limited reported unaudited quarterly profit after tax of Rs. 18.79 million, down from Rs. 80.77 million in the comparable quarter. EPS fell to Rs. 0.26 from Rs. 1.11, despite higher net insurance premium and underwriting results.
Key Findings
- Quarterly net insurance premium increased to Rs. 331.31 million from Rs. 287.68 million.
- Underwriting results increased to Rs. 12.90 million from Rs. 5.02 million.
- Profit after tax declined to Rs. 18.79 million from Rs. 80.77 million.
- EPS declined to Rs. 0.26 from Rs. 1.11.
- Quarter-end cash and bank balances were Rs. 42.01 million, compared with Rs. 77.71 million at December 31, 2025.
Financial Performance
| Metric | PreviousQuarter ended September 30, 2025 | CurrentQuarter ended September 30, 2026 | Change |
|---|---|---|---|
| Net Insurance Premium | 287,675,350 | 331,311,000 | +15.2% |
| Underwriting Results | 5,021,591 | 12,899,976 | +156.9% |
| Profit After Tax & tax levies | 80,771,064 | 18,788,525 | -76.7% |
| Earnings Per Share - Basic & Diluted | 1.11 | 0.26 | -76.6% |
| Finance Cost | (2,648,965) | (1,811,437) | +31.6% |
| Cash and Bank | 77,706,211 | 42,007,566 | -45.9% |
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Highlights summarize the key points from the company's official PSX filing. View the original filing for the complete details before making financial decisions.