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Sharjah Insurance's H1 Profit Plummets; Insurance Revenue Up

MT Newswires·08/13/2026 02:01:40
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02:01 AM EDT, 08/13/2026 (MT Newswires) -- Sharjah Insurance (ADX:SICO) said Thursday its profit for the first half plunged, while insurance revenue rose year over year. Profit after tax for the six months ended June 30 was 385,017 Emirati dirhams, compared with 26.4 million dirhams a year ago. EPS moved to 0.003 dirham from 0.176 dirham. The Abu Dhabi-listed insurer's insurance revenue was 22.9 million dirhams, compared with 18 million dirhams earlier.