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[Aug 2017] United Insurance S.C 2015 Profit Latest Ethiopian News AddisBiz.com | Ethiopian Business Directory & Portal - Addis Biz

United Insurance Profits Down to 60.29m Br

A small deterioration in market share for United Insurance has come with a marked reduction in its Earnings per Share (EPS), its latest financial statement released October 22 revealed, but it could be part of a sound strategy, says an expert.

The descent has seen it go from EPS of 677 Br in 2012/13 to 547.66 Br in 2013/14 to 384.4 Br in the fiscal year which ended on July 7, 2015. Chairman of the Board, Zafu Eyesuswork, told the 21st General Assembly at Hilton Addis Hotel that United’s market share had gone down from 5.9pc in

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