Sharjah Insurance Co PSC (SICO)

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News

18 April 2021 09:29 AM Sharjah Insurance's shareholders approve 7% dividends for 2020

Abu Dhabi – Mubasher: The ordinary general meeting (OGM) of Sharjah Insurance Co has approved distributing cash dividends, equivalent to 7% of the paid capital for 2020. The cash dividend distribution aggregates at a total amount of AED 9.625 …

General Assembly

19 April 2020 00:23 PM Sharjah Insurance’s shareholders approve AED 9.6m dividends for 2019

Abu Dhabi – Mubasher: The ordinary general meeting (OGM) of Sharjah Insurance Co. approved the board’s proposal to distribute cash dividends of AED 9.63 million for 2019's earnings. The approved cash dividends represent 7% of the company’s AED …

General Assembly

4 March 2020 11:13 AM Sharjah Insurance recommends 7% cash dividends

Abu Dhabi – Mubasher: The board of Sharjah Insurance Co proposed to distribute cash dividends to shareholders for 2019. The recommended dividends stand at 7 fils per share, or 7% of the capital, with a total value of AED 9.63 million, according to …

Cash Dividends

7 August 2019 01:44 PM Sharjah Insurance logs AED 5m profit in Q2

Abu Dhabi – Mubasher: Sharjah Insurance Co, listed on the Abu Dhabi Securities Exchange (ADX), has reported its condensed interim financial results for the period ended 30 June 2019. The company has generated a profit of AED 4.94 million for the …

Financial Results

23 April 2019 02:04 PM Sharjah Insurance to pay 7 fils/shr dividends for FY18

Abu Dhabi – Mubasher: Sharjah Insurance Company’s general assembly has approved distributing cash dividends worth 7 fils per share, representing 7% of the share’s nominal value, for the year ended 31 December 2018. Total proposed dividends …

Cash Dividends

14 August 2017 11:58 AM Sharjah Insurance profits reach AED 8.3m in Q2

Abu Dhabi – Mubasher: Sharjah Insurance Co said its net profits doubled in the second quarter of 2017, according to a statement. Net profits reached AED 8.3 million ($2.26 million) in Q2-17, compared to AED 4 million ($1.08 million) in Q2-16. The …

Financial Results

7 March 2017 09:52 AM Sharjah Insurance proposes annual dividends

Abu Dhabi – Mubasher: Sharjah Insurance Co said its board recommended 7% cash dividends or 7 fils per share for fiscal year 2016, totalling AED 9.63 million. The shareholders' meeting will be held on 27 March to decide on annual dividends, …

Cash Dividends

14 February 2017 03:48 PM Sharjah Insurance swings to profits in Q4

Abu Dhabi – Mubasher: Sharjah Insurance Company turned profitable in the fourth quarter of 2016, according to a bourse filing. The company generated profits of AED 15.51 million in Q4-16, against losses of AED 15.54 million ($4.23 million) in …

Financial Results

14 November 2016 04:00 PM Sharjah Insurance swings to profits in Q3

Abu Dhabi – Mubasher: Sharjah Insurance Co. turned profitable in the third quarter of 2016, according to a bourse statement. Profits reached AED 6.7 million ($1.82 million) in Q3-16, against losses of AED 6.9 million ($1.9 million) in Q3-15. The …

Financial Results

9 August 2016 00:15 PM Sharjah Insurance sees lower profits in Q2

Abu Dhabi-Mubasher: Sharjah Insurance Company saw a drop by 51.7% in its second-quarter profits, according to a bourse statement. Net profits reached AED 4 million ($1.09 million) in Q2-16, compared to AED 8.28 million ($2.25 million) in Q2-15. …

Financial Results

15 May 2016 05:58 PM Sharjah Insurance turns to losses in Q1

Abu Dhabi – Mubasher: Sharjah Insurance Company posted on Monday net losses of AED 7 million ($1.9 million) in the first quarter of fiscal 2016, against a net profit of AED 988,224 ($270,000) in Q1-15. The ADX-listed company earlier reported net …

Financial Results

4 May 2016 08:49 AM Sharjah Insurance shareholders approve dividends

Abu Dhabi-Mubasher: The shareholders of Sharjah Insurance Company gave the go-ahead to 5% dividend payout for 2015, according to a bourse statement. The company will distribute 5 fils per share, totalling AED 6.88 million. The insurance firm …

Cash Dividends

27 March 2016 10:58 AM Sharjah Insurance to discuss dividends 24 April

Abu Dhabi-Mubasher: Sharjah Insurance Company’s board recommended payment of 5% cash dividends for 2015, according to a bourse statement. The dividends proposed by the board stand at 5 fils per share, totalling AED 6.88 million. Shareholders will …

Corporate Actions

11 November 2015 02:40 PM Sharjah Insurance trims losses in 9M

Abu Dhabi-Mubasher: Sharjah Insurance Co. posted a 84% profit plunge to AED 2.32 million in the first nine months of 2015, compared to AED 14.8 million in the same period of 2014, according to a bourse filing on Wednesday. Sharjah incurred losses …

Financial Results

22 April 2015 09:01 AM Sharjah Insurance OKs 10% dividends

Abu Dhabi – Mubasher: Sharjah Insurance Company (SICO)  shareholders approved the general budget, profit and loss accounts as well as a 10% cash dividend, amounting to AED 0.10 per share and totalling AED 13.75 million, the company said …

Financial Results