Delta Insurance posts EGP 140m consolidated profits in 6 months
Updated 2/14/2022 1:43:57 PM
ArabFinance: Delta Insurance (DEIN) posted a consolidated net profit excluding minority interest of EGP 140.14 million during the first half (H1) of the fiscal year (FY) 2021/2022, compared to EGP 135.21 million in the corresponding period, according to a financial statement filed to the Egyptian Exchange (EGX).
Consolidated revenue rose to EGP 164.78 million during the six-month period ended December 31st 2021, versus EGP 147.841 million in the corresponding period last year.
Meanwhile, the company’s standalone net profit after tax dropped to EGP 58.512 million in H1 FY 2021/2022, against EGP 76.736 million in H1 FY 2020/2021.
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.
