APA Insurance recorded an impressive growth in its end of year results.
Profit before tax stood at Shs 2.883 million up from Shs 238.4 million posted in 2009.
Total assets stood at Shs 7.3 billion, a Shs 1.6 billion increase from Shs 5.6 billion recorded the previous year.
Total claims settled at Shs 2.441 billion, up from Shs 1.954 billion in 2009.
Total income was Shs 4,195,037 up from Shs 3,182,446 in 2009.
Profits for the year was Shs 235,827,000 up from Shs 175,000,000 the previous year.
Earnings per share were Shs 47.17 up from Shs 35 in 2009.
Proposed first and final dividend was Shs 4.20.
@The deal
What price would you give to a share that has an EPS of 47.17?
Go overdrive in purchasing the goods when there's blood on the streets, expecially if the blood is your own