Abu Dhabi - Mubasher: Al Fujairah National Insurance Company reported a growth in profits by 5.5% in the fourth quarter of 2016 compared the same period the year before.
Profits totalled AED 5.98 million ($1.63 million) in Q4-16 up from AED 5.67 million ($1.54 million) in Q4-15, according to the company’s statement to the Abu Dhabi Securities Exchange (ADX) on Tuesday.
As shown by the company’s financial statements, annual profits grew 24.97% and totalled AED 18.02 million in 2016 compared to AED 14.42 million in 2015.
