Sri Lanka Equity Forum
Dear Reader,

Registration with the Sri Lanka Equity Forum would enable you to enjoy an array of other services such as Member Rankings, User Groups, Own Posts & Profile, Exclusive Research, Live Chat Box etc..

All information contained in this forum is subject to Disclaimer Notice published.


Thank You
Sri Lanka Equity Forum
Poll

SLEF Market Sentiment Indicator

 
 

View results

Responsible Care



Latest topics
» This is for Hiran & Suranga Malli
by hiransilva23 Today at 12:44 am

» IS HEXP JOURNEY OVER???
by hiransilva23 Today at 12:42 am

» Market up heta
by hiransilva23 Today at 12:07 am

» RIP chicken
by EquityChamp Yesterday at 11:44 pm

» Where is cse.see?
by EquityChamp Yesterday at 11:35 pm

» Swisstek (Ceylon) PLC - A Growth Stock
by EquityChamp Yesterday at 11:24 pm

» IMF Facility
by reyaz Yesterday at 10:55 pm

» LCEM - Get ready for a run
by reyaz Yesterday at 10:50 pm

» LFIN LFIN LFIN ????????????
by reader Yesterday at 10:21 pm

» හොද සිංහල පාඩම් මාලාවන් වල ලින්ක් තියනවනම් දෙන්න
by saliya1000 Yesterday at 10:05 pm

» DIMO Financial analysis
by m2_yapa Yesterday at 9:51 pm

» HOW IMPORT BILLS EXCHANGE RATES ARE FIXED
by worthiness Yesterday at 9:04 pm

» HVA - Developing an amasing bull trend in the 12 day ROC chart
by saliya1000 Yesterday at 8:58 pm

» sfl the Hart buy buy buy wait and win my target is 35
by hiransilva23 Yesterday at 8:39 pm

» Wisdom79 predict nother one
by hiransilva23 Yesterday at 8:24 pm

» ASPI update - As at 26th May
by EquityChamp Yesterday at 7:54 pm

» try to understand
by karuna Yesterday at 7:16 pm

» JKHW23, more and more yet to come
by Chinwi Yesterday at 7:05 pm

» Trading halts and suspensions: What is your outlook?
by Chinwi Yesterday at 6:52 pm

» nhl .n what you think about
by karuna Yesterday at 6:35 pm

» dimo .n can be 1200
by karuna Yesterday at 6:33 pm

» Healthy Run Need correction
by SLBOY Yesterday at 6:28 pm

» HARI- HARISCHANDRA MILLS - CAPITALIZATION OF RESERVES
by SLBOY Yesterday at 6:08 pm

» Boruwata wattuwa
by Suranga malli Yesterday at 6:02 pm

» Sri Lanka poultry industry - Then and Now
by EquityChamp Yesterday at 5:17 pm

» Sri Lanka doubles hydropower storage in torrential rains
by VALUEPICK Yesterday at 4:01 pm

» Hotel sector stock price analysis
by VALUEPICK Yesterday at 2:28 pm

» Dull market , isn't it
by A+ Yesterday at 2:19 pm

» Ceylon Cold Stores - A valuable illiquid stock
by VALUEPICK Yesterday at 2:01 pm

» HEALTHY RUN NEED CORRECTION .....aul neda....
by nimantha80 Yesterday at 1:35 pm

» COLO Net Asset Value Per Share 246.00 but trading price 100.00
by hettdas Yesterday at 1:22 pm

» ASPI technical indicators as at 24th May
by Gainer Yesterday at 12:08 pm

» Avoid the noise and focus on value
by VALUEPICK Yesterday at 11:58 am

» WORLD'S LARGEST SOVEREIGN FUND BULLISH ON INVESTING IN SRI LANKA
by VALUEPICK Yesterday at 11:20 am

» rich is a large number of shares holder of kgal
by karuna Yesterday at 10:57 am

» deka denawa lagadima.
by anjelo Yesterday at 10:57 am

» jkh 23 collecting
by anjelo Yesterday at 10:57 am

» heta alufab/hexp/wapo kiyata yaida
by hanuma Yesterday at 10:45 am

» මේව මේ තත්ත්වෙට බැහැගෙන බැහැගෙන යන එක ඇඟට ගුණ නැති බව (ආයෝජකයෙක් ලෙස​) හිතෙන්නෙ මට විතරද ?
by nimantha80 Yesterday at 10:27 am

» Good initiative by SEC could we expect this from Nalaka Godahewa..?
by gamaya Yesterday at 9:31 am

» Good news for LLMP
by anjelo Yesterday at 9:28 am

» ACL Cables - Well set for a billion rupee profit
by hanuma Yesterday at 9:15 am

» Vehicle imports up 60%, registrations up 56% in 2015
by jayathu Yesterday at 8:29 am

» what will happen to these tomorrow
by Jaya sri Yesterday at 7:44 am

» Karuna’nanda Missing
by CSE VIJAY Yesterday at 7:35 am

» World Bank responds positively to President’s request for financial assistance
by Gainer Yesterday at 1:29 am

» KEEP AN EYE ON RICH.N
by Brinthan Yesterday at 12:06 am

» European Stocks Cap Best 2-Day Gain in 3 Months on U.S. Optimism
by VALUEPICK Wed May 25, 2016 11:42 pm

» Commercial Bank of Ceylon PLC - Riding through challenges
by VALUEPICK Wed May 25, 2016 11:35 pm

» Sri Lanka seeking to borrow $3.5 bln through foreign debt
by karuna Wed May 25, 2016 11:25 pm

» Sell sell sell
by Harry82 Wed May 25, 2016 9:33 pm

» SFL PERFORMANCE
by Yahapalanaya Wed May 25, 2016 8:19 pm

» JKH financials.
by troy Wed May 25, 2016 7:47 pm

» Latest hot news
by Pac-man Wed May 25, 2016 7:22 pm

» JKH 23, Warrants- This is for Teller
by jayathu Wed May 25, 2016 4:52 pm

» COLOMBO LAND AND DEVELOPMENT COMPANY <<^>> CLND.N
by madushankaashan Wed May 25, 2016 3:19 pm

» Govt.’s 4 year development plan coming soon!
by worthiness Wed May 25, 2016 1:34 pm

» Sri Lanka - John Amaratunga's Eldest Son-In-Law Dinesh Weerakkody to be selected as the next Central Bank Governor as Arjuna Mahendran's tenure ends
by samaritan Wed May 25, 2016 12:10 pm

» Good collection RHTL
by Beta1 Wed May 25, 2016 11:38 am

» A Market without Volume?
by sureshot Wed May 25, 2016 11:23 am

» Dipped products PLC - Recovering fast
by EquityChamp Wed May 25, 2016 10:17 am

» Rajitha Off The Hook In Fishy Deals - News Report
by gamaya Wed May 25, 2016 8:34 am

» LCEY,CWM,CFLB
by jayathu Wed May 25, 2016 8:06 am

» Great opportunities in the market
by Gainer Wed May 25, 2016 12:27 am

» Anjanam deviyo,most power full man,sasthare ko ada????
by hiransilva23 Wed May 25, 2016 12:25 am

» Hayleys records 4% growth in FY PAT
by Teller Tue May 24, 2016 11:27 pm

» Flood Effect
by Teller Tue May 24, 2016 11:23 pm

» දකුණු කොරියාවෙන් බිලියන 9346ක ආයෝජනයක්
by fireshelter Tue May 24, 2016 11:17 pm

» JKH.w23 and Soothsayer ( Locally called Sasthra) threatening with Cemetery
by CSE VIJAY Tue May 24, 2016 10:42 pm

» what happen to BFL.N
by Diya Dotak Tue May 24, 2016 10:27 pm

» Plz share ur exp
by hiransilva23 Tue May 24, 2016 10:17 pm

» JKH subdivision - 7 to 8
by kapifm Tue May 24, 2016 9:07 pm

» Heta market ekata mokada wenne
by Jaya sri Tue May 24, 2016 8:46 pm

» GSP + OR GSP-
by worthiness Tue May 24, 2016 8:17 pm

» Bull or Bear: Find Market Beating Value Stocks
by Suranga malli Tue May 24, 2016 5:46 pm

» මහ බැංකු අධිපතිගේ සේවය දිගු නොකළ යුතුයි ජවිපෙ ජනපතිට කියයි, මහ බැංකුවේ අධිපතිවරයාගේ සේවා කාලය කිසිසේත්ම දීර්ඝ නොකළ යුතු යැයි ජනාධිපති මෛත්‍රීපාල සිරිසේන මහතාට බල කර කියා සිටින බව ජනතා විමුක්ති පෙරමුණ පවසයි. රටේ
by point Tue May 24, 2016 2:46 pm

» Final hour begins
by cseguide Tue May 24, 2016 2:11 pm

» Affected Companies
by piras Tue May 24, 2016 2:09 pm

» what is going on with investnow.lk
by cseguide Tue May 24, 2016 1:48 pm

» Not quite new but Interesting news
by samaritan Tue May 24, 2016 1:45 pm

» LLMP ,LLMP X Silent Ready for next level
by KK9 Tue May 24, 2016 1:06 pm

» any body SMELL about SLND ........
by Madu@1 Tue May 24, 2016 12:21 pm

» German Economy Expands on Fastest Investment Growth in Two Years
by VALUEPICK Tue May 24, 2016 11:33 am

» BBC Global 30 Index Signalling that This Bull Market Is not Over
by VALUEPICK Tue May 24, 2016 11:15 am

» ACL ???????
by Bullrunner7 Tue May 24, 2016 10:23 am

» Nestle has to pay 950 million super gain tax.
by gamaya Tue May 24, 2016 9:06 am

» LIOC will hit 50/= again...
by Valuehunter Tue May 24, 2016 9:04 am

» Ceylon Grain Elevators - A Value Rich Stock
by Harry82 Tue May 24, 2016 5:59 am

» RHTL March Quarter Profit Increase 118 Million
by RoomGirl Tue May 24, 2016 3:59 am

» Market Update - as of 20th May 16
by JennyFunny Tue May 24, 2016 3:54 am

» Divergent cse (asi) number
by hiransilva23 Tue May 24, 2016 12:16 am

» Kaurut nadda???
by hiransilva23 Mon May 23, 2016 11:54 pm

» Richard Pieris & Company PLC - Retail segment getting stronger
by Harry82 Mon May 23, 2016 9:13 pm

» heta fifty gahanne wapo the alufab the
by Teller Mon May 23, 2016 8:40 pm

» DOG IS ALWAYS A MAN'S BEST FRIEND
by charith666lk Mon May 23, 2016 7:58 pm

» RICH RICH RICH
by Chinwi Mon May 23, 2016 10:44 am

» BAIRAHA FARMS PLC(BFL.N0000)
by hotstock Mon May 23, 2016 9:22 am

» Sri Lanka holds rates unchanged after policy meeting
by worthiness Mon May 23, 2016 9:15 am

» heta anilana hayleys kiyata yaida anilana deal eka wenawada
by Teller Mon May 23, 2016 12:06 am


Janashakthi, 2011 1H’s “most profitable” from among all quoted insurance companies.

View previous topic View next topic Go down

Janashakthi, 2011 1H’s “most profitable” from among all quoted insurance companies.

Post by DJ solo on Wed Sep 14, 2011 6:45 pm


Records a growth of 93% PAT


Colombo. Tuesday 30 August 2011. Recording a Profit after Tax of Rs. 280 Mn for 1H 2011, Janashakthi Insurance PLC (JIPLC) became the most profitable insurer from among all quoted insurance companies in Sri Lanka. This is a growth of 93% in comparison to a profit after tax of Rs.145 Mn in 2010 in the same period and is considered a remarkable achievement given the nature of the industry which has 19 players competing.


Prakash Schaffter, Managing Director of JICPLC said, “Despite aggressive competition in Sri Lanka’s insurance industry and with such a large number of players, we are proud to record the highest profit quantum”.


Schaffter attributed this achievement to the Company’s strategy of focusing on the bottom line while offering a wide array of insurance products and services with unmatched benefits to policyholders, coupled with exceptional service standards. “This enabled us to retain our existing customers together with timely settlement of claims which amounted to over Rs. 1.4 Bn during the first half of 2011”, he added.


The Company showed a consolidated GWP growth of 23%. Janashakthi’s Motor Gross Written Premium (GWP) amounted to Rs. 1.7 Bn which is an increase of 18% over the 2010 first half of Rs. 1.5 Bn while the Life GWP amounted to Rs. 869 Mn. which is an increase of 23% over the 2010 first half of Rs. 707 Mn. The Non Motor GWP amounted to Rs. 736 Mn which is an increase of 39% over the 2010 first half of Rs. 531 Mn.


“Our proven track record has helped us gain the confidence of the general public. We have the highest stated capital among Public Quoted Insurance Companies, amounting to over Rs. 1.49 Bn. This is over 7.5 times the statutory requirement. We’re also backed by a rapidly accumulated asset base of over Rs. 12 Bn of which Rs. 4.1 Bn is in government securities. We also enjoy an extensive island wide branch network of over 100”, Schaffter added.


Said Paddy Weerasekera, Head of Marketing, “During 2011, our primary focus is to extend the benefits of our flagship brands such as Janashakthi Full Option, Janashakthi Life Unlimited, Janashakthi Awaranaya. Added to this will also be a number of innovative products in keeping with the current economic and consumer preferences. In fact we will further enhance the deployment of technology to enable faster service delivery and to empower our sales force to serve our customers better”.


DJ solo
Equity Analytic
Equity Analytic

Posts : 48
Equity Stars : 1806
Reputation : 3
Join date : 2011-08-14
Age : 29
Location : London

Back to top Go down

Re: Janashakthi, 2011 1H’s “most profitable” from among all quoted insurance companies.

Post by dragz on Thu Sep 15, 2011 1:23 pm

the share is still 15.60

dragz
Senior Equity Analytic
Senior Equity Analytic

Posts : 70
Equity Stars : 1912
Reputation : 1
Join date : 2011-05-31
Age : 25

Back to top Go down

View previous topic View next topic Back to top

- Similar topics

 
Permissions in this forum:
You cannot reply to topics in this forum
Who is online?
In total there are 73 users online :: 8 Registered, 0 Hidden and 65 Guests

aathi, bakapandithaya, fireshelter, hiransilva23, newer1, pollaeliye, stockback, Teller

Most users ever online was 541 on Mon Sep 19, 2011 11:29 am
Statistics
We have 14239 registered users
The newest registered user is Buddika Sumith

Our users have posted a total of 302827 messages in 46948 subjects
Forum Rules & Guidelines
Sri Lanka Equity Analytic
Disclaimer

The information contained in this forum have been submitted by third parties directly without any verification by us. The information available in this forum is not researched or purported to be complete description of the subject matter referred to herein. We do not under any circumstances whatsoever guarantee the accuracy and completeness information contained herein.

www.srilankaequity.com its blogs, forums, subdomains and/or its affiliates and/or its web masters, administrators or moderators shall not in any way be responsible or liable for loss or damage which any person or party may sustain or incur by relying on the contents of this report and acting directly or indirectly in any manner whatsoever.

Trading or investing in stocks & commodities is a high risk activity. Any action you choose to take in the markets is totally your own responsibility, www.srilankaequity.com its blogs, forums, subdomains and/or its affiliates and/or its web masters, administrators or moderators shall not be liable for any, direct or indirect, consequential or incidental damages or loss arising out of the use of this information. The information on this website is neither an offer to sell nor solicitation to buy any of the securities mentioned herein. The writers may or may not be trading in the securities mentioned.