Stock Analysis
- United Arab Emirates
- /
- Insurance
- /
- ADX:FIDELITYUNITED
United Fidelity Insurance Company (P.S.C.) Second Quarter 2024 Earnings: د.إ0.081 loss per share (vs د.إ0.032 loss in 2Q 2023)
United Fidelity Insurance Company (P.S.C.) (ADX:FIDELITYUNITED) Second Quarter 2024 Results
Key Financial Results
- Revenue: د.إ81.1m (down 59% from 2Q 2023).
- Net loss: د.إ12.9m (loss widened by 152% from 2Q 2023).
- د.إ0.081 loss per share (further deteriorated from د.إ0.032 loss in 2Q 2023).
All figures shown in the chart above are for the trailing 12 month (TTM) period
United Fidelity Insurance Company (P.S.C.)'s share price is broadly unchanged from a week ago.
Risk Analysis
You still need to take note of risks, for example - United Fidelity Insurance Company (P.S.C.) has 2 warning signs (and 1 which shouldn't be ignored) we think you should know about.
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This article by Simply Wall St is general in nature. We provide commentary based on historical data and analyst forecasts only using an unbiased methodology and our articles are not intended to be financial advice. It does not constitute a recommendation to buy or sell any stock, and does not take account of your objectives, or your financial situation. We aim to bring you long-term focused analysis driven by fundamental data. Note that our analysis may not factor in the latest price-sensitive company announcements or qualitative material. Simply Wall St has no position in any stocks mentioned.
About ADX:FIDELITYUNITED
United Fidelity Insurance Company (P.S.C.)
Engages in underwriting various classes of general and life insurance products for personal and corporate customers in the United Arab Emirates.