Abu Dhabi - Mubasher: The financial statements of Al Fujairah National Insurance Company (AFNIC) showed a rise in net profits during the second quarter of 2017 by 19.5% year-on-year, according to a bourse filing.
The company said in a statement to the Abu Securities Exchange (ADX) on Tuesday that profits totalled AED 4.9 million ($1.3 million) in Q2-17, compared to AED 4.1 million ($1.1 million) for the same period last year.
As for the first half of the year, profits grew by 23.4% to AED 7.9 million in H1-17 up from AED 6.4 million in H1-16, the statement noted.
