National Insurance Reports Consolidated Earnings Results for the First Half Ended June 30, 2018
National Insurance reported consolidated earnings results for the first half ended June 30, 2018. For the period, the company reported gross premiums written of USD 29,224,635 against USD 25,302,883 a year ago. Earned insurance revenues were USD 26,884,476 against USD 23,524,311 a year ago. Net premium revenue was USD 23,179,634 against USD 18,267,233 a year ago. Net income before tax was USD 2,899,727 against USD 3,342,833 a year ago. Net income after tax was USD 1,721,223 against USD 3,100,990 a year ago. Basic and diluted earnings per share were USD 0.113 against USD 0.257 a year ago. Net cash flow from operating activities was USD 493,138 against USD 3,913,967 a year ago. Purchase of property, plant and equipment was USD 176,592 against USD 560,691 a year ago.