Abu Dhabi National Insurance Company PJSC Reports Full Year 2023 Earnings

Abu Dhabi National Insurance Company PJSC (ADX:ADNIC) Full Year 2023 Results

Key Financial Results

• Revenue: د.إ6.92b (up 273% from FY 2022).
• Net income: د.إ401.2m (up 6.2% from FY 2022).
• Profit margin: 5.8% (down from 20% in FY 2022). The decrease in margin was driven by higher expenses.

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

Abu Dhabi National Insurance Company PJSC's share price is broadly unchanged from a week ago.

Risk Analysis

Don't forget that there may still be risks. For instance, we've identified 2 warning signs for Abu Dhabi National Insurance Company PJSC that you should be aware of.

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