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      OMAN UNITED INSURANCE

       Preliminary Un-audited Results for six months ending 30 June 2013

      Jul 21, 2013 09:04 AM
       
                 Values in (RO)
       
      30 June 2013
       
      30 June 2012
       
      Change%
      Gross Written Premium
      24,357,897
      21,337,628
      +14.2
      Gross Underwriting Results
      1,959,864
      2,003,597
      -2.2
      Total Investment and Other Income
      2,437,404
      1,791,850
      +36.0
      (1,536,546)
      (1,418,339)
      +8.3
      Net Profit for the period (after income tax)
      2,682,246
      2,190,619
      +22.4
      Other comprehensive Income:
       
       
       
      Available for sale investments fair value gain
      535,998
      63,807
      +740.0
      Total comprehensive income for the period
      3,218,244
      2,254,426
      +42.8
      Earnings per Share EPS
      0.027
      0.022
      +22.7
      Net Asset Value per share
      0.237
      0.213
      +11.3
       
      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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