Corporate News

Helios Underwriting Posts FY Profit

Helios Underwriting plc (HUW.L) reported that its profit attributable to owners of the parent for the year ended 31 December 2023 was 16.37 million pounds or 20.85 pence per share compared to a loss of 2.10 million pounds or 3.08 pence per share in the prior year.

Profit before tax was 22.71 million pounds compared to a loss of 3.95 million pounds last year.

Revenues for the year were 212.94 million pounds up from 148.08 million pounds in the previous year.

The aggregate capital returned to shareholder in 2023 and 2024 is expected to be 14.5 million pounds - 19 pence per share.

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by RTTNews Staff Writer

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