- United Arab Emirates
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- Insurance
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- DFM:NGI
National General Insurance (P.J.S.C.) Second Quarter 2024 Earnings: EPS: د.إ0.31 (vs د.إ0.11 in 2Q 2023)
National General Insurance (P.J.S.C.) (DFM:NGI) Second Quarter 2024 Results
Key Financial Results
- Revenue: د.إ181.7m (up 76% from 2Q 2023).
- Net income: د.إ50.5m (up 173% from 2Q 2023).
- Profit margin: 28% (up from 18% in 2Q 2023). The increase in margin was driven by higher revenue.
- EPS: د.إ0.31 (up from د.إ0.11 in 2Q 2023).
All figures shown in the chart above are for the trailing 12 month (TTM) period
National General Insurance (P.J.S.C.) shares are down 2.0% from a week ago.
Risk Analysis
Be aware that National General Insurance (P.J.S.C.) is showing 3 warning signs in our investment analysis and 2 of those shouldn't be ignored...
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About DFM:NGI
National General Insurance (P.J.S.C.)
Engages in underwriting various classes of life and general insurance, and reinsurance products in the United Arab Emirates.
Solid track record with excellent balance sheet.