Dear Shareholders,
Janata Insurance Company Limited was established in 1986. Since its established 36 years, Janata Insurance Company Limited continuously endeavor has built a good value for our shareholder.
I am highly pleased to convey my heartfelt thanks all of you all on behalf of the Board of Directors of Janata Insurance Company Limited and extend a warm welcome to the 35th Annual General Meeting of the Company with its Annual Report 2020. The Directors’ Report has elaborately dealt with the overall performance of the Company and now I take the opportunity to present before you as short presentation about the performance of the Company for the year 2020.
In review the financial position of the Company you can notice that the business volume has been increased 1.46% in comparison with the previous year due to an unhealthy competition and adverse circumstances now prevailing the Insurance Sector. As a result, the growth profitability has been increased 6.54% of our Company and interest of the Shareholders the Board of Directors has recommended 6% Cash Dividend and 5% Stock Dividend for the year 2020.
Read More