- United Arab Emirates
- /
- Insurance
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- ADX:UNION
Union Insurance Company P.J.S.C Third Quarter 2024 Earnings: EPS: د.إ0.03 (vs د.إ0.034 loss in 3Q 2023)
Union Insurance Company P.J.S.C (ADX:UNION) Third Quarter 2024 Results
Key Financial Results
- Revenue: د.إ64.7m (down 9.1% from 3Q 2023).
- Net income: د.إ9.82m (up from د.إ11.3m loss in 3Q 2023).
- Profit margin: 15% (up from net loss in 3Q 2023). The move to profitability was driven by lower expenses.
- EPS: د.إ0.03 (up from د.إ0.034 loss in 3Q 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
It is worth noting though that we have found 2 warning signs for Union Insurance Company P.J.S.C (1 can't be ignored!) that you need to take into consideration.
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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 with questionable track record.