Sukoon Insurance reported a 20% year-on-year increase in net profit after tax to AED 121.8 million for the first quarter of 2026, with profit before tax rising 24% to AED 141.7 million.
Insurance revenue grew 16% year-on-year to AED 1.73 billion, while the insurance service result increased by 28% to AED 115.1 million, driven by strong technical performance and disciplined underwriting.
Net investment income reached AED 80.5 million, representing 9% year-on-year growth supported by stable yields and disciplined portfolio management.
Basic and diluted earnings per share (EPS) rose to AED 0.26 from AED 0.22 in Q1 2025, following a shareholder-approved cash dividend of AED 115.5 million (25 fils per share) finalized in March 2026.