Al Ain Ahlia Insurance Company P.S.C Full Year 2024 Earnings: د.إ1.86 loss per share (vs د.إ2.31 profit in FY 2023)

Al Ain Ahlia Insurance Company P.S.C (ADX:ALAIN) Full Year 2024 Results

Key Financial Results

• Revenue: د.إ691.5m (up 81% from FY 2023).
• Net loss: د.إ27.9m (down by 181% from د.إ34.6m profit in FY 2023).
• د.إ1.86 loss per share (down from د.إ2.31 profit in FY 2023).

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

The primary driver behind last 12 months revenue was the Insurance segment contributing a total revenue of د.إ1.14b (165% of total revenue). Notably, cost of sales worth د.إ688.3m amounted to 100% of total revenue thereby underscoring the impact on earnings.Over the last 12 months, the company's earnings were enhanced by non-operating gains of د.إ8.20m. Explore how ALAIN's revenue and expenses shape its earnings.

Al Ain Ahlia Insurance Company P.S.C's share price is broadly unchanged from a week ago.

Risk Analysis

It is worth noting though that we have found 2 warning signs for Al Ain Ahlia Insurance Company P.S.C (1 shouldn't be ignored!) that you need to take into consideration.

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