Delta Insurance reports 4.9% YoY increase in FY 2021/2022 consolidated profit
Updated 9/7/2022 11:08:00 AM
Arab Finance: Delta Insurance (DEIN) reported a 4.9% year-on-year (YoY) increase in consolidated net profit after minority interest for fiscal year (FY) 2021/2022, according to the company’s consolidated financial statement filed to the Egyptian Exchange (EGX) on September 7th.
Consolidated net profit after minority interest reached EGP 241.12 million in FY 2021/2022, compared to EGP 229.84 million in FY 2020/2021.
The company recorded total consolidated revenues of EGP 297.15 million in the 12-month period ended 30 June, up from EGP 273.03 million in the FY-ago.
At the level of the standalone financial statement, the company registered a standalone net profit after tax of EGP 122.82 million in FY 2021/2022, down from EGP 140.43 million in 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, Individual Protection Plans, and Aman El Safar Plan.
