- United Arab Emirates
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- Insurance
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- DFM:NGI
National General Insurance (P.J.S.C.) Third Quarter 2024 Earnings: EPS: د.إ0.17 (vs د.إ0.24 in 3Q 2023)
National General Insurance (P.J.S.C.) (DFM:NGI) Third Quarter 2024 Results
Key Financial Results
- Revenue: د.إ150.2m (up 21% from 3Q 2023).
- Net income: د.إ27.8m (down 29% from 3Q 2023).
- Profit margin: 19% (down from 32% in 3Q 2023). The decrease in margin was driven by higher expenses.
- EPS: د.إ0.17 (down from د.إ0.24 in 3Q 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 1.1% from a week ago.
Risk Analysis
You should always think about risks. Case in point, we've spotted 2 warning signs for National General Insurance (P.J.S.C.) you should be aware of, and 1 of them is potentially serious.
Valuation is complex, but we're here to simplify it.
Discover if National General Insurance (P.J.S.C.) might be undervalued or overvalued with our detailed analysis, featuring fair value estimates, potential risks, dividends, insider trades, and its financial condition.
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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.
Excellent balance sheet with proven track record and pays a dividend.