Delta Insurance’s consolidated profit up 2.2% YoY in 9 months
Updated 5/26/2022 12:14:15 PM
Arab Finance: Delta Insurance (DEIN) posted a 2.2% year-on-year (YoY) increase in consolidated net profit excluding minority interest for the first nine months of fiscal year (FY) 2021/2022, according to the consolidated financial statement filed to the Egyptian Exchange (EGX) on May 26th.
Consolidated net profit excluding minority interest stood at EGP 195.005 million in the nine-month period ended March 31st, compared to EGP 190.74 million in the same period of FY 2020/2021.
Meanwhile, the company’s standalone net profit after tax fell to EGP 93.20 million in the first nine months of FY 2021/2022 from EGP 116.21 million in the comparative period, as per the standalone financial statement.
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, Individual Protection Plans, and Aman El Safar Plan.
