The Pak-Qatar Family Takaful Limited (PQFTL) announcing financial results for year 2023, informed that it achieved a turnover of Rs.16.30 billion while Shareholders Fund has posted Rs.156.30 million net profit after tax.
Profitability of the Shareholders Fund was calculated with earning per share (EPS) of Rs.1.20 per share despite all challenges while the Participants’ Takaful Fund (Waqf Fund) generated a surplus before distribution of Rs.37.5 million.
The company has increased its balance sheet footing through impressive growth in its investments and financing portfolio in the year ended December 31, 2023, it claimed.
The Board meeting, presided over by Sheikh Ali bin Abdullah bin Thani al-Thani, the Chairman of Pak-Qatar Group, discussed the financial results of the company for 2023 and its future plans for 2024, in the meeting held in Doha, Qatar.
