Delta Insurance logs EGP 78.7M profit in Q1
Updated 11/16/2021 2:24:35 PM
ArabFinance: Delta Insurance (DEIN) posted a consolidate net profit of EGP 78.75 million during the January-September period of 2021, compared to EGP 73.44 million in the corresponding period of 2020, the company said in a statement to the Egyptian Exchange.
The company’s standalone net profit reached EGP 31.54 million by the end of September 2021, compared to EGP 38.36 million in the same period a year ago.
It is worth noting that Delta Insurance previously reported a consolidated net profit before minority interest of EGP 232.14 million for fiscal year (FY) 2020/2021, compared to a profit of EGP 180.05 million in FY 2019/2020.
Delta Insurance is engaged in the provision of life and non-life insurance and reinsurance services. The company offers its services through two main segments: Corporate Solution Plans, and Individual Protection Plans, and Aman El Safar Plan.
