Union Assurance PLC reported earnings results for the third quarter and nine months ended September 30, 2023. For the third quarter, the company reported revenue was LKR 8,134.47 million compared to LKR 6,949.4 million a year ago. Net income was LKR 434.88 million compared to LKR 297.13 million a year ago. Basic earnings per share from continuing operations was LKR 0.74 compared to LKR 0.5 a year ago. Diluted earnings per share from continuing operations was LKR 0.74 compared to LKR 0.5 a year ago.
For the nine months, revenue was LKR 21,638.3 million compared to LKR 16,419.04 million a year ago. Net income was LKR 1,348.15 million compared to LKR 776.68 million a year ago. Basic earnings per share from continuing operations was LKR 2.29 compared to LKR 1.32 a year ago. Diluted earnings per share from continuing operations was LKR 2.29 compared to LKR 1.32 a year ago.