Central Reinsurance Q2 2024 net income surges to $183m

EPS stood at $0.03.

Central Reinsurance’s second quarter (Q2 2024) net income jumped more than half (52%) from last year to $182.90m (TW$5.9b), making the first half (H1 2024) net income $59.09m (TW$1.9b).

Q2 2024’s basic and diluted earnings per share from continuing operations were both $0.03 (TW$1), up from $0.02 (TW$0.66) a year ago, whilst H1 2024 basic and diluted earnings per share from continuing operations were both $0.07 (TW$2.34), compared to $0.05 (TW$1.47) a year earlier.

H1 2024 revenue increased to $381.90m (TW$12.3b) from $341.00m (TW$11b).

($1.00 = TW$32.00)