Financial Statement for Year Ended 30th June 2017
Gross revenue grew modestly from Rs 1.166 million to Rs 1.185 million.
During the year under review, in the face of fierce competition, a sustained and disciplined approach to underwriting was the primary focus as well as a constant effort to improve operational efficiency.
Underwriting results benefitted to a large extent on the positive impact of such measures and this contributed significantly to a reported profit after tax of Rs91.5 million, up from Rs27.7million last year.
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