Oman United Insurance recommends 22 per cent dividend

22/02/2015 04:29 AST

Oman United Insurance board has recommended cash dividends of 22 per cent (22 baisas per share) to the shareholders, subject to approval at its annual general meeting scheduled for March 30.

The company achieved a net profit of OMR3.57 million for the year ended December 2014 as against OMR5.02 million annual net profit in 2013, a decline of 28.9 per cent.

Oman United Insurance board at its meeting on Wednesday approved the audited financial statements of the company for the year ended December 2014.

Gross written premium showed a growth of 2.5 per cent at OMR41.36 million in 2014, compared OMR40.34 million in the same period in 2013.


Times of Oman

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Oman United Insurance-Audited Financia Statments 2013

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Dear Shareholders and investors community

Oman United Insurance Company SAOG is pleased to advise you all that a full set of audited financials along with the relating reports for the year

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We would like to announce that the Board of Oman United Insurance Company held a meeting on Sunday- Yesterday evening 16th February 2014, and approved the audited financial statements for the period

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