Stock Analysis
United Overseas Insurance First Half 2024 Earnings: EPS: S$0.23 (vs S$0.20 in 1H 2023)
United Overseas Insurance (SGX:U13) First Half 2024 Results
Key Financial Results
- Revenue: S$55.1m (up 5.3% from 1H 2023).
- Net income: S$14.2m (up 19% from 1H 2023).
- Profit margin: 26% (up from 23% in 1H 2023). The increase in margin was driven by higher revenue.
- EPS: S$0.23 (up from S$0.20 in 1H 2023).
All figures shown in the chart above are for the trailing 12 month (TTM) period
United Overseas Insurance shares are down 2.0% from a week ago.
Risk Analysis
You still need to take note of risks, for example - United Overseas Insurance has 2 warning signs (and 1 which is potentially serious) we think you should know about.
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About SGX:U13
United Overseas Insurance
Engages in the underwriting general insurance business in Singapore, ASEAN countries, and internationally.