Arabian Scandinavian Insurance Company (PLC) - Takaful - ASCANA Insurance Reports First Quarter 2023 Earnings

Arabian Scandinavian Insurance Company (PLC) - Takaful - ASCANA Insurance (DFM:ASCANA) First Quarter 2023 Results

Key Financial Results

• Revenue: د.إ48.0m (up 65% from 1Q 2022).
• Net loss: د.إ14.0m (loss widened by د.إ13.3m from 1Q 2022).

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

Arabian Scandinavian Insurance Company (PLC) - Takaful - ASCANA Insurance's share price is broadly unchanged from a week ago.

Risk Analysis

It's necessary to consider the ever-present spectre of investment risk. We've identified 4 warning signs with Arabian Scandinavian Insurance Company (PLC) - Takaful - ASCANA Insurance (at least 3 which shouldn't be ignored), and understanding these should be part of your investment process.

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