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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, 2021

08/11/2021 | 12:53am EST

Arabian Scandinavian Insurance Company PLC - Takaful - ASCANA Insurance announced earnings results for the second quarter ended June 30, 2021. For the second quarter, the company announced net loss was AED 1.539 million compared to net income of AED 13.101 million a year ago. Basic loss per share from continuing operations was AED 0.01 compared to basic earnings per share from continuing operations of AED 0.09 a year ago. For the half year, net income was AED 3.373 million compared to AED 22.717 million a year ago. Basic earnings per share from continuing operations was AED 0.02 compared to AED 0.15 a year ago.


ę S&P Capital IQ 2021
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Financials
Sales 2021 101 M 27,5 M 27,5 M
Net income 2021 6,44 M 1,75 M 1,75 M
Net cash 2021 88,1 M 24,0 M 24,0 M
P/E ratio 2021 42,8x
Yield 2021 8,38%
Capitalization 276 M 75,0 M 75,0 M
EV / Sales 2020 1,28x
EV / Sales 2021 1,86x
Nbr of Employees 68
Free-Float 19,8%
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Income Statement Evolution
Managers and Directors
Khalid Ahmad M. A. Al Kazim Chief Executive Officer
Butti bin Maktoom bin Juma Al-Maktoum Chairman
Mohammad Ameeruddin Manager-Information Technology
Rusiru Thilanka Manager-Medical & Life Department
Khaled Habib Mohammed Habib Al-Redha Independent Non-Executive Director
Sector and Competitors