Al Dhafra Insurance profits rise 4% in 9M

Abu Dhabi – Mubasher: Al Dhafra Insurance Company registered an increase in profits by 4% to AED 65.475 million in the first nine months of 2019, up from AED 62.942 million a year earlier, whereas earnings per share (EPS) stood at AED 0.65, up from AED 0.63, the company disclosed on Monday.

Gross written premium amounted to AED 247.909 million over the same period, down from AED 257.409 million a year earlier.

Income from investments and investment properties soared to AED 23.133 million over the period from January to September 2019 when compared to AED 17.163 million in the year-ago period.

Total assets recorded AED 1.034.392 billion in the nine months period, versus AED 1.000.683 billion in the same period in 2018.

During the first half of 2019, the company’s profits jumped to AED 40.22 million from AED 34.18 million in H1-18.

 

Mubasher Contribution Time: 11-Nov-2019 06:35 (GMT)
Mubasher Last Update Time: 11-Nov-2019 07:03 (GMT)