Delta Insurance logs EGP 232.14M profit in FY 2020/2021

Updated 9/5/2021 12:14:45 PM

ArabFinance: Delta Insurance (DEIN) reported a consolidated net profit before minority interest of EGP 232.14 million for fiscal year (FY) 2020/2021, compared to profit of EGP 180.05 million in FY 2019/2020, according to the company’s financial statements filed to the Egyptian Exchange (EGX).

Earning per share (EPS) amounted to EGP 6.13 per share in FY 2020/2021, compared to EGP 4.69 per share in FY 2019/2020.

Meanwhile, the company achieved a standalone net profit of EGP 141.85 million in FY 2020/2021, up from EGP 105.98 million in FY 2019/2020.

It is worth noting that Delta Insurance proposed the distribution of cash dividends valued at a total of EGP 0.40 per share for fiscal year (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, and Individual Protection Plans, and Aman El Safar Plan.