⚡ Flash Summary

East West Insurance Co. Ltd. reported a strong financial performance for the quarter ended September 30, 2025. The company’s profit after taxation increased significantly to PKR 1,079.12 million, compared to PKR 560.14 million in the same period last year. Earnings per share (EPS) also saw a substantial rise, reaching PKR 4.22 versus PKR 2.19 in 2024. This growth was primarily driven by increased net insurance premium and effective underwriting results. The Board of Directors also approved an increase in authorized share capital from PKR 3.00 billion to PKR 4.00 billion.

📌 Key Takeaways

• 📈 Profit after tax soared to PKR 1,079.12 million, a significant jump from PKR 560.14 million in 2024.
• 💰 Earnings per share (EPS) doubled, reaching PKR 4.22 compared to PKR 2.19 in the previous year.
• 💼 Net insurance premium increased substantially to PKR 4,936.18 million from PKR 3,151.94 million year-over-year.
• ✅ Underwriting results improved to PKR 770.88 million, up from PKR 476.82 million in 2024.
• 💸 Investment income grew to PKR 659.08 million from PKR 377.44 million.
• 🏦 Total Assets increased to PKR 14,657.03 million as of September 30, 2025, compared to PKR 9,807.15 million at the end of 2024.
• ⬆️ Authorized Capital of the Company increased from Rs.3,000,000,000 to Rs.4,000,000,000
• 🧾 Total Equity stands at PKR 5,719.63 million, compared to PKR 4,671.26 million at the end of 2024.
• Liabilities increased to PKR 8,764.54 million, compared to PKR 5,005.35 million at the end of 2024
• ❌ No cash dividend, bonus shares, or right shares were recommended by the Board of Directors.

🎯 Investment Thesis

Based on the strong financial performance and positive outlook, a BUY recommendation is warranted for East West Insurance. The company has demonstrated significant growth in revenue, profitability, and EPS. The increase in authorized share capital should enable further expansion. Price Target: PKR 6.50. Time Horizon: 12 months.