Delta Insurance registers 70% YoY higher consolidated profit in 3 months
Updated 11/15/2022 10:57:00 AM
Arab Finance: Delta Insurance (DEIN) logged a 70.02% year-on-year (YoY) hike in consolidated attributable to the parent company during the three months that ended on September 30th, according to the financial statements filed to the Egyptian Exchange (EGX) on November 15th.
The company’s consolidated profit excluding minority interest surged to EGP 133.9 million in the three months to September 30th from EGP 78.751 million in the same period a year earlier.
Total revenues rose to EGP 171.59 million in July-September from EGP 95.84 million in the prior-year period.
Furthermore, the standalone net profit after tax soared to EGP 36.379 million in the period from July 1st to September 30th from EGP 31.547 million in the same period last year.
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.
