Abu Dhabi – Mubasher: Al Fujairah National Insurance Co PJSC posted a 107% jump in net profit for the fourth quarter of 2015, according to a bourse filing posted Sunday.
The Abu Dhabi-listed insurer generated AED 6.116 million ($1.66 million) in the three-month period, against AED 2.947 million ($802,000) loss logged in the same period a year ago.
The company’s FY15 net profit retreated by 20.55% year-on-year to AED 14.42 million, from AED 18.15 million.
