United Ins approves 11pc cash dividend


FE Team | Published: May 09, 2018 10:31:34 | Updated: May 09, 2018 15:33:04


United Ins approves 11pc cash dividend

Chairman of United Insurance Company Limited Syed Aziz Ahmad and Managing Director & CEO Khawja Manzer Nadeem seen at the 33rd AGM at Spectra Convention Centre in the city recently

United Insurance Company Limited has approved 11 per cent cash dividend for the year 2017 at the 33rd annual general meeting (AGM) of the company held at Spectra Convention Centre in the city recently, according to a statement.

Chairman of the company Syed Aziz Ahmad presided over the meeting.

The company has earned a profit before tax of Tk 127.40 million for the year 2017.

The company's Net Asset Value up to December 31, 2017 amounted to Tk 1,496.15 million against Tk 1,398.85 million in the year 2016.

Share if you like