- United Arab Emirates
- /
- Insurance
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- ADX:UNION
Union Insurance Company P.J.S.C Second Quarter 2024 Earnings: EPS: د.إ0.003 (vs د.إ0.006 in 2Q 2023)
Union Insurance Company P.J.S.C (ADX:UNION) Second Quarter 2024 Results
Key Financial Results
- Revenue: د.إ66.5m (up 32% from 2Q 2023).
- Net income: د.إ1.15m (down 38% from 2Q 2023).
- Profit margin: 1.7% (down from 3.7% in 2Q 2023). The decrease in margin was driven by higher expenses.
- EPS: د.إ0.003 (down from د.إ0.006 in 2Q 2023).
All figures shown in the chart above are for the trailing 12 month (TTM) period
Union Insurance Company P.J.S.C's share price is broadly unchanged from a week ago.
Risk Analysis
Before we wrap up, we've discovered 2 warning signs for Union Insurance Company P.J.S.C (1 is a bit concerning!) that you should be aware of.
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About ADX:UNION
Union Insurance Company P.J.S.C
Union Insurance Company P.J.S.C. underwrites insurance products in the United Arab Emirates, Gulf Cooperation Council, and internationally.
Excellent balance sheet and slightly overvalued.