CIC records Rs. 1.4 b PAT in 1H | Sunday Observer

CIC records Rs. 1.4 b PAT in 1H

25 October, 2020

CIC Holdings PLC braved the pandemic with a sterling performance during the first half of the current financial year to record a Profit After Tax of Rs.1.4 bn, an increase of 150% over the corresponding period in the previous year.

The exceptional performance comes on the backdrop of the Group recording a Rs. 1.1 bn PAT at the end of the last financial year, and is the result of the Group restructuring that commenced over the last two financial years.