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Home / Capital / Results

UOI sees 35.4% increase in earnings in 1H2021 following lower claims

Results

UOI sees 35.4% increase in earnings in 1H2021 following lower claims

Amala Balakrishner Published on Thu, Jul 29, 2021 / 9:08 PM GMT+8

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United Overseas Insurance (UOI) – the insurance arm of the United Overseas Bank (UOB) - has posted earnings of $11.6 million in 1HFY21 ended June, up 35.4% from the $8.6 million logged in the year before.

On a fully diluted basis, this translates to earnings per share (EPS) of 37.91 cents, up 35.4% from the 28 cents seen in 1HFY20.

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