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      OMAN UNITED INSURANCE

       Initial Un-audited Results for the period ended 30th September 2011

      Oct 18, 2011 09:46 AM
       
                 Values in (RO)
       
      30 September 2011
       
      30 September 2010
       
      Change%
      Gross Written Premium
      24,121,466
      16,356,735
      47.5
      Gross Underwriting Results
      1,976,360
      1,760,813
      12.2
      Realized Investment Income
      1,792,952
      1,690,852
      6.0
      Unrealized Profit / (loss) investment
      (1,668,233)
      270,536
      (716.6)
      Total Investment and Other Income
      124,719
      1,961,388
      (93.6)
      (2,026,986)
      (1,982,544)
      2.2
      Net Profit / Losses After Income Tax
      (56,957)
      1,621,057
      (103.5)
      Earnings per Share EPS
      (0.001)
      0.016
      (106.3)
      Net Asset Value per share
      0.187
      0.191
      (2.1)
       
      Note:
      • The above results are preliminary and subject to Statutory Auditor’s review and approval of Audit Committee and Board of Directors.
       
       
       
      Nassir Bin Salim Al Busaidi
      Managing Director/ Spokes Person
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