Abu Dhabi – Mubasher: Sharjah Insurance Company posted on Monday net losses of AED 7 million ($1.9 million) in the first quarter of fiscal 2016, against a net profit of AED 988,224 ($270,000) in Q1-15.
The ADX-listed company earlier reported net losses of AED 6.27 million in 2015, versus a net profit of AED 5.7 million in 2014.
