Mubasher: Warba Insurance reported a decline of 6.8% in profits during the fourth quarter of 2018 compared to the prior fiscal year.
Earnings decreased to about KWD 372,300 ($1.23 million) in Q4-18 from nearly KWD 399,600 ($1.32 million) in Q4-17, according to a bourse statement on Wednesday.
During fiscal year 2018, Warba Insurance turned to a profit of about KWD 781,520 against losses of around KWD 690,410 in the prior year.
