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      OMAN UNITED INSURANCE

       Initial Un-audited Results for 1st Qtr 2012

      Apr 16, 2012 09:38 AM
       
                 Values in (RO)
       
      31 March 2012
       
      31 March 2011
       
      Change%
      Gross Written Premium
      12,516,008
      9,794,108
      27.8
      Gross Underwriting Results
      1,373,032
      887,950
      54.6
      Realized Investment Income (1)
      1,075,929
      1,030,126
      4.4
      Unrealized Profit / (loss) investment (2)
      129,613
      (792,511)
      116.4
      Total Investment and Other Income (1)+(2)
      1,205,542
      237,615
      407.4
      (693,028)
      (671,035)
      3.3
      Net Profit After Income Tax
      1,743,546
      362,951
      380.4
      Earnings per Share EPS
      0.017
      0.004
      325.0
      Net Asset Value per share
      0.208
      0.191
      8.9
       
      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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