Union Assurance PLC reported earnings results for the first quarter ended March 31, 2023. For the first quarter, the company reported revenue was LKR 6,498.99 million compared to LKR 4,727.89 million a year ago. Net income was LKR 444.58 million compared to LKR 217.32 million a year ago.

Basic earnings per share from continuing operations was LKR 0.75 compared to LKR 0.37 a year ago. Diluted earnings per share from continuing operations was LKR 0.75 compared to LKR 0.37 a year ago.