Takaful Emarat - Insurance (PSC) Third Quarter 2024 Earnings: EPS: د.إ0.06 (vs د.إ2.35 loss in 3Q 2023)

Takaful Emarat - Insurance (PSC) (DFM:TAKAFUL-EM) Third Quarter 2024 Results

Key Financial Results

• Revenue: د.إ162.2m (up by د.إ154.4m from 3Q 2023).
• Net income: د.إ8.78m (up from د.إ60.2m loss in 3Q 2023).
• Profit margin: 5.4% (up from net loss in 3Q 2023). The move to profitability was driven by higher revenue.
• EPS: د.إ0.06 (up from د.إ2.35 loss in 3Q 2023).

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

Takaful Emarat - Insurance (PSC) shares are down 25% 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 Takaful Emarat - Insurance (PSC) (at least 2 which can't be ignored), and understanding them should be part of your investment process.

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