KARACHI - EFU Life Assurance Ltd announced its financial results for the half year ended 30 June 2012. The Company registered a strong increase in its profitability, with a profit after tax of Rs. 445 million for the half year 2012 (2011: Rs 300 million). The earnings per share has increased to Rs 5.24 per share (2011: Rs. 3.53). The increased profitability allowed the Company to declare an interim cash dividend of 15pc, i.e. Rs. 1.5 per share for the half year as approved in the meeting of the Board of Directors held on 27 August 2012. EFU Life is the only life insurance company in Pakistan to declare an interim cash dividend in 2012.
