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ARABIAN SCANDINAVIAN INSURANCE COMPANY (PLC) - TAKAFUL - ASCANA INSURANCE

(ASCANA)
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Arabian Scandinavian Insurance Company plc - Takaful - Ascana Insurance Reports Earnings Results for the Second Quarter Ended June 30, 2020

08/06/2020 | 03:08am EDT

Arabian Scandinavian Insurance Company PLC - Takaful - ASCANA Insurance announced earnings results for the second quarter ended June 30, 2020. For the second quarter, the company announced net income was AED 13.101 million compared to AED 949,000 a year ago. Basic earnings per share was AED 0.09 compared to AED 0.01 a year ago. For the half year, net income was AED 22.717 million compared to AED 9.968 million a year ago. Basic earnings per share was AED 0.15 compared to AED 0.06 a year ago.


ę S&P Capital IQ 2020
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Financials
Sales 2020 112 M 30,5 M 30,5 M
Net income 2020 29,4 M 8,00 M 8,00 M
Net cash 2020 149 M 40,5 M 40,5 M
P/E ratio 2020 9,96x
Yield 2020 5,26%
Capitalization 270 M 73,4 M 73,4 M
EV / Sales 2019 1,66x
EV / Sales 2020 1,28x
Nbr of Employees 68
Free-Float 16,5%
Chart ARABIAN SCANDINAVIAN INSURANCE COMPANY (PLC) - TAKAFUL - ASCANA INSURANCE
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Managers and Directors
Ahmed Mohammed Amin Al-Kazim Vice Chairman & Managing Director
N. Sunil Kumar Finance Manager
Butti bin Maktoom bin Juma Al-Maktoum Chairman
Mohammad Ameeruddin Manager-Information Technology
Khaled Habib Mohammed Habib Al-Redha Independent Non-Executive Director