Omega Insurance first half profit rises; declares interim dividend - Quick Facts

Omega Insurance Holdings Ltd. (OIH.L) announced the interim results for the six months ended June 30, 2008, reporting a profit before tax of US$24.5 million, compared to US$20.4 million in the same period last year.

Total profit for the period was US$21.78 million or US$0.14 per share, compared to US$16.26 million or US$0.11 per share in the comparable period last year.

Half-yearly net revenue increased to US$118.7 million from US$83.52 million generated in the year-ago period.

In addition, the company has declared an interim dividend of 10.3 US cents per share, which is payable on November 18, to shareholders on the register at October 24, 2008.

by RTTNews Staff Writer

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