UOI 1H FY26 profit after tax rises 28.4% to S$ 11.09 million
Reuters2026/08/11 10:18Bitget offers one-stop trading for cryptocurrencies, stocks, and gold. Trade now!
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- UOI posted profit after tax of SGD 11.09 million in 1H 2026, up 28.4%, lifting EPS 28.4% to 36.28 cents.
- Revenue fell 8.9% to SGD 52.06 million, while insurance service result climbed 35.8% to SGD 7.19 million.
- Non-underwriting income increased 19.6% to SGD 6.51 million, helping profit before tax rise 28% to SGD 13.47 million.
- Declared an interim one-tier tax-exempt dividend of 9.07 cents per share, totaling SGD 5.5 million, payable Aug. 31.
- Outlook flagged steady industry growth amid competitive conditions, claims inflation, geopolitical uncertainty, and a challenging, volatile investment environment.
Disclaimer:
This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. UOI - United Overseas Insurance Ltd. published the original content used to generate this news brief via Singapore Exchange Limited (SGX) (Ref. ID: Z3139WZ3ZI1E7E0S) on August 11, 2026, and is solely responsible for the information contained therein.
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