The Investor Sentiment - Equity and investments forum for Sri Lankans
The Investor Sentiment - Equity and investments forum for Sri Lankans
Would you like to react to this message? Create an account in a few clicks or log in to continue.
Please send an email to contact.lankaninvestor@gmail.com if you face any technical difficulties when posting
Search
Display results as :
Advanced Search
Latest topics
Coronavirus UpdatesTue Sep 22, 2020 1:31 pmThe Invisible
CSE Daylight Robbery !Mon Sep 21, 2020 9:54 pmYin-Yang
Trading Journal Tue Sep 15, 2020 10:37 pmThe Invisible
AEL Access EngineeringTue Sep 15, 2020 7:24 pmsmallville
CFVF - First CapitalWed Sep 09, 2020 9:42 pmWonderer
DIPD.N0000 (Dipped Products PLC)Mon Sep 07, 2020 8:47 amBeta
Plantation Sector UpdatesMon Aug 24, 2020 10:00 amserene
අනං මනං! #/+?.<>Tue Aug 18, 2020 11:15 pmYin-Yang
Dividend AnnouncementsMon Aug 17, 2020 1:27 pmRana
Ceylon Tobacco CTCSun Aug 16, 2020 5:11 pmThe Invisible
Sunshine HoldingsFri Aug 14, 2020 9:39 pmThe Invisible
HAYC - HaycarbFri Aug 14, 2020 10:15 amBeta
Tokyo CementThu Aug 13, 2020 11:45 pmThe Invisible
LOLC HoldingsWed Aug 12, 2020 3:52 pmThe Invisible
SLTL.NWed Aug 12, 2020 11:06 amThe Invisible
Gota's EraTue Aug 04, 2020 8:49 amyellow knife
Disclaimer


Information posted in this forum are entirely of the respective members' personal views. The views posted on this open online forum of contributors do not constitute a recommendation buy or sell. The site nor the connected parties will be responsible for the posts posted on the forum and will take best possible action to remove any unlawful or inappropriate posts.
All rights to articles of value authored by members posted on the forum belong to the respective authors. Re-using without the consent of the authors is prohibited. Due credit with links to original source should be given when quoting content from the forum.
This is an educational portal and not one that gives recommendations. Please obtain investment advises from a Registered Investment Advisor through a stock broker

Go down
The Invisible
The Invisible
Posts : 2652
Join date : 2016-11-28
Age : 41

Ceylinco Insurance CINS Empty Ceylinco Insurance CINS

on Wed Aug 14, 2019 9:18 am
Message reputation : 100% (1 vote)
Ceylinco June net up with lower life insurance transfers

ECONOMYNEXT- Ceylinco Insurance Plc said that its profits grew 215 percent to 1.8 billion rupees in the June quarter from a year earlier with smaller transfers to the life insurance fund.



Earnings per share were 69.07 rupees. For the six months ending in June, earnings per share was 143.68 rupees. The Ceylinco share closed trading at 1,859 rupees on Friday.



Net written premiums after reinsurance costs in the June quarter grew 1 percent from a year earlier to 7.8 billion rupees.



Investment and other income grew 20 percent to 3.9 billion rupees.



Insurance claims were up 7 percent to 4.6 billion rupees.



Transfers to the life insurance fund fell 49 percent to 1.4 billion rupees, contributing most to the growth in profit margins.



Acquisition costs grew 6 percent to 973.9 million rupees.



Ceylinco Insurance's total assets grew to 180.3 billion rupees at the end of the June quarter from 160.9 billion rupees at the start of the financial year in January, due to a rise in loans and receivables. (Colombo/Aug13/2019)
Back to top
Permissions in this forum:
You cannot reply to topics in this forum