National General Insurance (P.J.S.C.) Full Year 2023 Earnings: EPS: د.إ0.50 (vs د.إ0.36 in FY 2022)

National General Insurance (P.J.S.C.) (DFM:NGI) Full Year 2023 Results

Key Financial Results

• Revenue: د.إ436.3m (up 21% from FY 2022).
• Net income: د.إ74.9m (up 40% from FY 2022).
• Profit margin: 17% (up from 15% in FY 2022). The increase in margin was driven by higher revenue.
• EPS: د.إ0.50 (up from د.إ0.36 in FY 2022).

All figures shown in the chart above are for the trailing 12 month (TTM) period

National General Insurance (P.J.S.C.)'s share price is broadly unchanged from a week ago.

Risk Analysis

It's necessary to consider the ever-present spectre of investment risk. We've identified 2 warning signs with National General Insurance (P.J.S.C.) (at least 1 which is potentially serious), and understanding these should be part of your investment process.

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