Mubasher: Takaful Oman Insurance’s net profit for the third quarter of the fiscal year 2016 rose by 78.5% to OMR 510,000 ($1.32 million), versus OMR 285,680 for Q3-15.
In the first nine months of 2016, net profit grew 93.6% to OMR 2.13 million from OMR 1.1 million for the same period of 2015, according to a bourse filing.
Wakala fees amounted to OMR 3.69 million for the nine-month period, 90.2% up from OMR 1.94 million for the same period last year.
The company earlier posted a net profit of OMR 1.62 million for the first half of 2016, 99% up from OMR 814,320 for H1-15.
