Pak-Qatar Family Takaful Limited has reported a significant improvement in its financial performance for the six months ended June 30, 2026, with profit after tax rising sharply compared with the same period last year.
According to the company’s financial results submitted to the Pakistan Stock Exchange, profit after tax reached Rs93.89 million during the first half of 2026, compared with Rs56.32 million in the corresponding period of 2025. This represents an increase of around 67% year-on-year.
Wakalah Fee and Investment Income Support Growth
The company’s shareholders’ fund recorded Wakalah fee income of Rs923.32 million during the six-month period, up from Rs668.44 million a year earlier. Investment income also increased to approximately Rs120.87 million, compared with Rs52.56 million in the same period of 2025.
As a result, net income of the shareholders’ fund climbed to Rs1.36 billion, compared with Rs1.06 billion in the first half of 2025.
However, higher operating costs also weighed on the bottom line. Acquisition expenses, marketing and administration expenses, and other expenses collectively increased during the period, bringing total expenses to around Rs1.23 billion, against Rs993.73 million previously.
Earnings Per Share Slightly Lower
Despite the strong growth in profit after tax, earnings per share stood at Rs0.41 for the six months ended June 30, 2026, slightly below Rs0.43 recorded in the same period last year.
The financial statements also show that total equity of the shareholders’ fund stood at approximately Rs3.26 billion at June 30, 2026.
Participants’ Fund Shows Healthy Improvement
The participants’ fund also posted stronger numbers during the period. Gross contributions revenue increased to Rs18.29 billion, compared with Rs13.14 billion in the first half of 2025. Net contribution revenue reached approximately Rs17.70 billion, up from Rs12.46 billion a year earlier.
The participants’ fund generated a surplus of approximately Rs99.66 million for the six-month period, nearly double the Rs51.22 million recorded in the corresponding period of 2025.
No Dividend or Bonus Shares Announced
In its communication to the Pakistan Stock Exchange, the company said its Board of Directors, meeting on August 28, 2026, recommended no cash dividend, bonus shares or right shares for the period. The company also reported no other price-sensitive information.
The financial results include the statements of profit or loss, financial position, changes in equity and cash flows for the period ended June 30, 2026.
Overall Outlook
Pak-Qatar Family Takaful’s first-half results point to a stronger operating performance, supported by higher Wakalah fee income, investment returns and growth in contributions. The substantial increase in both shareholders’ profit and participants’ fund surplus indicates improving business activity during the period.
While rising expenses and the slight decline in earnings per share remain areas to watch, the company’s 67% increase in profit after tax marks a notable improvement over the first half of 2025.
