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ORIENT Insurance PJSC Earnings Release 2021
66388_rns_2021-02-04_5e7d2529-63a2-49be-b4cb-21b0bc5e479b.pdf
Earnings Release
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Paid Up Capital: Dhs. 500,000,000
Registered under Federal Law No. (6) of 2007 Certificate No. 14 dated 29th December 1984 Commercial Registration 51814
رأس المال المدفوع: ٥٠٠،٠٠٠،٠٠٠ درهم مسجلة طبقاً للقانون الإتحادي رقم (٦) لسنة ٢٠٠٧م شهادة رقم ١٤ بتاريخ ١٢/٢٩/ ١٩٨٤م رقم السجل التجاري ٥١٨١٤
Issuance & Disclosure Department
Preliminary Results of Public Joint Shareholders Company (Final Result Brief for the year ended 2020)
First - General Information:
| Name of the company | : ORIENT INSURANCE PJSC |
|---|---|
| Date Establishment | $: 01 - 01 - 1982$ |
| Paid up capital | : Dhs. $500,000,000/$ - |
| Subscribed capital | : Dhs. 500,000,000/ |
| Authorized capital | : Dhs. $500,000,000/$ - |
| Chairman of the Board | : Mr. Abdulla Hamad Al Futtaim |
| President - Orient Group : Mr. Omer Elamin | |
| Name of the external auditor : KPMG Lower Gulf Limited | |
| Mailing address | : P.O Box 27966, Dubai UAE |
| Tel | $: 04 - 2531300$ |
| Fax | $: 04 - 2531500$ |
| $E - mail$ | : [email protected] |
Orient Insurance PJSC (Head Office) Dubai Festival City P.O. Box 27966, Dubai, UAE.
tel +971 4 253 1300 , fax +971 4 253 1500
e-mail [email protected] www.insuranceuae.com
اورينت للتأمين – شركة مساهمة عامة (المكتب الرئيسي) دبي فيستفال سيتي ب.
ص.ب. ٢٧٩٦٦ دبي: إ.ع.م.
هاتف ٢٥٢١٢٠٠ ٤ ٩٧١١، فاكس ٢٥٠٠ ٢٥٢ ٤ ٩٧١ e-mail [email protected] www.insuranceuae.com
إحدى شركات a جموعة الشطيم. <\$ An Al-Futtaim group company
Orient Insurance PJSC
Second - Preliminary (Unaudited) Results (000 AED):
| 2020 | 2019 | |
|---|---|---|
| 1. Total Assets | 8,882,719 | 7,718,484 |
| 2. Shareholders' Equity |
3,421,914 | 3,124,376 |
| 3. Gross Premium | 4,247,086 | 3,881,078 |
| 4. Technical Profit | 246,397 | 220,602 |
| 5. Net profit for the period | 430,421 | 425,104 |
| 6. Earnings per share | 82.85 | 82.66 |
- Summary of the company's performance for the last fiscal year.
Comparison with year 2019
-
- Increase in Gross Premium 9%
-
- Increase in Technical Profit 12%
-
- Increase in Net Profit 1%
-
- Increase in Total Assets 15%
-
- Increase in Shareholders' Equity 10%
ORIENT INSURANCE PJSC
P.O.Box: 27966, DUBAL - U.A.E.
Chairman or authorized person signature:(.
Company stamp:..
Panam