It is a broadly described annual report of Asia Pacific General Insurance Company Limited in the year of 2015. During the financial year, The Company has earned a gross premium income of Tk. 366.94 million in 2015 as against Tk. 327.55 million in 2014, showing a growth rate of 12%. Total underwriting profit in 2015 is Tk. 52.30 million compared to Tk. 40.70 in 2014. Total assets of the Company stood at Tk. 1,146.14 million in 2015 from Tk. 1,079.80 in 2014, showing growth of 6.14%. Now company’s Fixed Deposit stood at Tk. 555.20 million and EPS stands Tk. 1.52 per share in 2015. Net Claim paid is Tk. 41.70 million in 2015 which was 38.63 million for the year 2014. Investment and other income are Tk. 59.89 million in 2015 as against Tk. 72.64 million in 2014. The company earned a net profit before tax Tk. 91.41 million in 2015 as against Tk. 93.31 million in 2014. The company earned a net profit after tax of Tk. 64.41 million in 2015, while it was Tk. 63.31 million in 2014.
The Board of Directors has been pleased to recommend for the declaration of @10% Cash Dividend to the Shareholders for an amount of Tk. 42,350,000/- only for the year ended 2015 subject to approval in the 16th Annual General Meeting (AGM). These financial statements are presented in Bangladesh Taka (Taka/Tk/BDT) which is the company’s functional currency. All financial information presented in Taka has been rounded off to the nearest Taka.
More Annual Report of Asia Pacific General Insurance Company Limited: