Union Assurance PLC reported earnings results for the second quarter and six months ended June 30, 2023. For the second quarter, the company reported revenue was LKR 7,004.85 million compared to LKR 4,741.76 million a year ago. Net income was LKR 468.69 million compared to LKR 262.23 million a year ago. Basic earnings per share from continuing operations was LKR 0.8 compared to LKR 0.45 a year ago. Diluted earnings per share from continuing operations was LKR 0.8 compared to LKR 0.45 a year ago.
For the six months, revenue was LKR 13,503.84 million compared to LKR 9,469.64 million a year ago. Net income was LKR 913.26 million compared to LKR 479.55 million a year ago. Basic earnings per share from continuing operations was LKR 1.55 compared to LKR 0.81 a year ago. Diluted earnings per share from continuing operations was LKR 1.55 compared to LKR 0.81 a year ago.