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Insurance

PRIC Progressive Insurance Company Limited

Latest results: FY2024 · Dec 2024

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Last close · 22 Apr 2009

Rs 1.13 0.00%

Annual · FY2016 – FY2024

Progressive Insurance Company Limited (PRIC) income statement

Progressive Insurance Company Limited reported total income of Rs 87,677 for FY2024 (Jan – Dec 2024), up 75.5% on FY2023. The loss attributable to shareholders was Rs 12.3 mn, or Rs -0.76 per share.

PRIC income statement (annual) (Rs mn)
Rs mn FY2024 * Jan – Dec 2024 FY2023 * Jan – Dec 2023 FY2022 Jan – Dec 2022 FY2021 Jan – Dec 2021 FY2020 * Jan – Dec 2020
Net premium earned 0.0 0.0 0.0 0.0 0.0
Investment income (net) 0.1 0.0 0.2 (0.1) 0.3
Total income 0.1 0.0 0.2 (0.1) 0.3
Net claims & benefits — — — — —
Profit before tax (12.3) (8.7) (10.0) (9.5) (1.8)
Taxation 0.0 0.0 0.0 0.0 0.0
Profit after tax (12.3) (8.7) (10.0) (9.5) (1.8)
Profit attributable to shareholders (12.3) (8.7) (10.0) (9.5) (1.8)
Per share
EPS – basic (Rs) Rs (0.76) (0.53) (0.62) (0.59) (0.11)
Dividend per share (Rs) Rs 0.00 0.00 0.00 0.00 0.00
PRIC income statement — year-on-year change (Rs mn)
Rs mn FY2024 * Jan – Dec 2024 FY2023 * Jan – Dec 2023 FY2022 Jan – Dec 2022 FY2021 Jan – Dec 2021 FY2020 * Jan – Dec 2020
Net premium earned — — — — —
Investment income (net) +75.5% -76.9% — -141.4% -4.7%
Total income +75.5% -76.9% — -141.4% -4.7%
Net claims & benefits — — — — —
Profit before tax — — — — —
Taxation — — — — —
Profit after tax — — — — —
Profit attributable to shareholders — — — — —
Per share
EPS – basic (Rs) — — — — —
Dividend per share (Rs) — — — — —

Change against the previous fiscal year; shown when the earlier figure is positive.

PRIC income statement — common size (Rs mn)
Rs mn FY2024 * Jan – Dec 2024 FY2023 * Jan – Dec 2023 FY2022 Jan – Dec 2022 FY2021 Jan – Dec 2021 FY2020 * Jan – Dec 2020
Net premium earned 0.0% 0.0% 0.0% — 0.0%
Investment income (net) 100.0% 100.0% 100.0% — 100.0%
Total income 100.0% 100.0% 100.0% — 100.0%
Net claims & benefits — — — — —
Profit before tax (14,066.8%) (17,509.8%) (4,641.5%) — (600.1%)
Taxation 0.0% 0.0% 0.0% — 0.0%
Profit after tax (14,066.8%) (17,509.8%) (4,641.5%) — (600.1%)
Profit attributable to shareholders (14,066.8%) (17,509.8%) (4,641.5%) — (600.1%)

Each line as a percentage of total income.

Figures in Pakistani rupees as reported by the company; costs and cash outflows in brackets; "—" = not reported. * Figures in this period do not fully reconcile in the source data (hover the * for details). Updated 15 Oct 2026.

All reported line items 91
PRIC income statement — all reported line items (Rs mn)
Rs mn FY2024 Jan – Dec 2024 FY2023 Jan – Dec 2023 FY2022 Jan – Dec 2022 FY2021 Jan – Dec 2021 FY2020 Jan – Dec 2020
Net Premiums Earned 0.0 0.0 0.0 0.0 0.0
Premiums Written - Gross — — 0.0 0.0 0.0
Premiums Ceded Out & Unearned - Reinsurance — — 0.0 0.0 0.0
Fees & Commissions Expense — — — — —
Investment Income/(Expense) - Net - Insurance 0.1 0.0 0.2 (0.1) 0.3
Investments & Loans - Business - Gain/(Loss) — — — — —
Investment Income - Gross - Insurance - Total — — — — —
Investment Securities - Business - Gain/(Loss) — — — — —
Revenue from Business Activities - Total 0.1 0.0 0.2 (0.1) 0.3
Insurance Claims/Reserves - Total — — — — —
Insurance Benefits Paid - Current — — — — —
Selling, General & Administrative Expenses - Total 12.9 8.8 10.3 9.4 2.0
Selling, General & Administrative Expenses - Unclassified 11.8 7.6 10.2 9.3 2.0
Depreciation in Selling, General & Administrative Expenses 1.1 1.2 0.0 0.1 0.0
Other Operating Expense/(Income) - Net — — 0.0 0.0 0.0
Operating Expenses - Total 12.9 8.8 10.3 9.4 2.0
Selling, General & Administrative Expenses - Other - Total 0.0 0.0 0.0 — —
Operating Profit before Non-Recurring Income/(Expense) (12.8) (8.7) (10.0) (9.5) (1.8)
Interest Expense - Net of Capitalized Interest — — — 0.0 0.0
Operating Provisions - Increase/(Decrease) — — — — —
Other Non-Operating Income/(Expense) - Total 0.5 — — — —
Normalized Pre-tax Profit (12.3) (8.7) (10.0) (9.5) (1.8)
Provision for Income Tax Expense- Unclassified 0.0 0.0 0.0 0.0 0.0
Income before Taxes (12.3) (8.7) (10.0) (9.5) (1.8)
Income Taxes 0.0 0.0 0.0 0.0 0.0
Net Income after Tax (12.3) (8.7) (10.0) (9.5) (1.8)
Income before Discontinued Operations & Extraordinary Items (12.3) (8.7) (10.0) (9.5) (1.8)
Net Income before Minority Interest (12.3) (8.7) (10.0) (9.5) (1.8)
Net Income after Minority Interest (12.3) (8.7) (10.0) (9.5) (1.8)
Income Available to Common Shares (12.3) (8.7) (10.0) (9.5) (1.8)
DPS - Common - Gross - Issue - By Period End Date Rs 0.00 0.00 0.00 0.00 0.00
Net Income - Basic - including Extraordinary Items Applicable to Common - Total (12.3) (8.7) (10.0) (9.5) (1.8)
Income available to Common excluding Extraordinary Items (12.3) (8.7) (10.0) (9.5) (1.8)
Shares used to calculate Basic EPS - Total mn 16.2 16.5 16.2 16.2 16.2
EPS - Basic - including Extraordinary Items Applicable to Common - Total Rs (0.76) (0.53) (0.62) (0.59) (0.11)
EPS - Basic - excluding Extraordinary Items Applicable to Common - Total Rs (0.76) (0.53) (0.62) (0.59) (0.11)
EPS - Basic - excluding Extraordinary Items - Normalized - Total Rs (0.76) (0.53) (0.62) (0.59) (0.11)
Allocated Net Income including Extraordinary Items Applicable to Common - Issue Specific (12.3) (8.7) (10.0) (9.5) (1.8)
Earnings Allocation Factor - Basic - Issue Specific 1.00× 1.00× 1.00× 1.00× 1.00×
Shares used to calculate Basic EPS - Issue Specific mn 16.2 16.5 16.2 16.2 16.2
EPS - Basic - including Extraordinary Items Applicable to Common - Issue Specific Rs (0.76) (0.53) (0.62) (0.59) (0.11)
EPS - Basic - excluding Extraordinary Items Applicable to Common - Issue Specific Rs (0.76) (0.53) (0.62) (0.59) (0.11)
EPS - Basic - excluding Extraordinary Items - Normalized - Issue Specific Rs (0.76) (0.53) (0.62) (0.59) (0.11)
EPS - Basic from Discontinued Operations & Extraordinary Items Rs 0.00 0.00 0.00 0.00 0.00
Net Income - Diluted - including Extraordinary Items Applicable to Common - Total (12.3) (8.7) (10.0) (9.5) (1.8)
Diluted Income available to Common excluding Extraordinary Items (12.3) (8.7) (10.0) (9.5) (1.8)
Shares used to calculate Diluted EPS - Total mn 16.2 16.5 16.2 16.2 16.2
EPS - Diluted - including Extraordinary Items Applicable to Common - Total Rs (0.76) (0.53) (0.62) (0.59) (0.11)
EPS - Diluted - excluding Extraordinary Items Applicable to Common - Total Rs (0.76) (0.53) (0.62) (0.59) (0.11)
EPS - Diluted - excluding Extraordinary Items - Normalized - Total Rs (0.76) (0.53) (0.62) (0.59) (0.11)
Allocated Diluted Net Income including Extraordinary Items Applicable to Common - Issue Specific (12.3) (8.7) (10.0) (9.5) (1.8)
Earnings Allocation Factor - Diluted - Issue Specific 1.00× 1.00× 1.00× 1.00× 1.00×
Shares used to calculate Diluted EPS - Issue Specific mn 16.2 16.5 16.2 16.2 16.2
EPS - Diluted - including Extraordinary Items Applicable to Common - Issue Specific Rs (0.76) (0.53) (0.62) (0.59) (0.11)
EPS - Diluted - excluding Extraordinary Items Applicable to Common - Issue Specific Rs (0.76) (0.53) (0.62) (0.59) (0.11)
EPS - Diluted - excluding Extraordinary Items - Normalized - Issue Specific Rs (0.76) (0.53) (0.62) (0.59) (0.11)
EPS - Diluted from Discontinued Operations & Extraordinary Items Rs 0.00 0.00 0.00 0.00 0.00
DPS - Common - Gross - Issue - By Announcement Date Rs 0.00 0.00 0.00 0.00 0.00
DPS - Common - Net - Issue - By Announcement Date Rs 0.00 0.00 0.00 0.00 0.00
Earnings before Interest & Taxes (EBIT) (12.8) (8.7) (10.0) (9.5) (1.8)
Earnings before Interest, Taxes, Depreciation & Amortization (EBITDA) (11.7) (7.6) (10.0) (9.4) (1.7)
Depreciation & Amortization - Supplemental 1.1 1.2 0.0 0.1 0.0
Depreciation Expense - Total - Supplemental 1.1 1.2 0.0 0.1 0.0
Depreciation, Depletion & Amortization - Total 1.1 1.2 0.0 0.1 0.0
Depreciation - Total 1.1 1.2 0.0 0.1 0.0
Auditor Fees — — — 0.2 0.2
Normalized after Tax Profit (12.3) (8.7) (10.0) (9.5) (1.8)
Normalized Net Income from Continuing Operations (12.3) (8.7) (10.0) (9.5) (1.8)
Normalized Net Income - Bottom Line (12.3) (8.7) (10.0) (9.5) (1.8)
Earnings before Interest & Taxes (EBIT) - Normalized (12.3) (8.7) (10.0) (9.5) (1.8)
Earnings before Interest, Taxes, Depreciation & Amortization (EBITDA) - Normalized (11.2) (7.6) (10.0) (9.4) (1.7)
Interest Expense — — — 0.0 0.0
Investment Income - Insurance 0.1 0.0 0.2 (0.1) 0.3
Losses, Benefits & Adjustments - Insurance — — — — —
Operating Expenses 12.9 8.8 10.3 9.4 2.0
Premiums Ceded Out & Unearned - Total — — 0.0 0.0 0.0
Selling, General & Administrative Expenses excluding Research & Development Expenses 12.9 8.8 10.3 9.4 2.0
Total Claim & Loss Expense — — — — —
Underwriting Expenses - Insurance 12.9 8.8 10.3 9.4 2.0
Income before Taxes & Provision for Loan Losses (12.3) (8.7) (10.0) (9.5) (1.8)
DPS - Common - Gross - Issue - By Payable Date Rs 0.00 0.00 0.00 0.00 0.00
DPS - Common - Gross - Issue - By Ex Date Rs 0.00 0.00 0.00 0.00 0.00
Underwriting Expenses minus Losses, Benefits & Adjustments - Insurance — — — — —
Operating Expenses excluding Non-Cash Charges - Total 11.8 7.6 10.2 9.3 2.0
Premiums Earned - Total 0.0 0.0 0.0 0.0 0.0
Losses, Benefits & Adjustments - Total — — — — —
Income Available to Common Shares before Depreciation & Amortization (11.2) (7.6) (10.0) (9.4) (1.7)
Fixed Charges — — — 0.0 0.0
Net Premiums Written — — 0.0 0.0 0.0
Estimated Tax Rate 0.29× 0.29× 0.29× 0.29× 0.35×
Total Common & Spl DPS -Gross - Issue - By Announcement Date Rs 0.00 0.00 0.00 0.00 0.00

Every line the company reported, in the original order and wording, without regrouping or signs changed.