Delta Insurance records 63.3% YoY increase in H1 FY2024/25 consolidated profits
Updated 2/27/2025 2:59:00 AM
Arab Finance: Delta Insurance reported 63.32% year-on-year (YoY) higher consolidated net profits after tax and non-controlling interest at EGP 526.105 million in the first half (H1) of fiscal year (FY) 2024/25, according to the financial results.
The recorded net profits were compared with EGP 322.129 million in H1 FY2023/24.
Total revenues hiked to EGP 680.742 million at the end of December 2024 from EGP 448.622 million in the previous FY.
Standalone net profits after tax jumped to EGP 310.650 million in H1 FY2024/25 from EGP 123.193 million a year earlier, while the earnings per share (EPS) increased to EGP 2.52 from EGP 1.02.
Non-consolidated revenues climbed to EGP 388.684 million from EGP 193.186 million.
The board members approved a cash dividend distribution valued at EGP 200 million or EGP 2 per share for 2024.
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