Abu Dhabi – Mubasher: Emirates Insurance on Thursday reported a 32.5% year-on-year profit growth in the third quarter of 2018.
The insurance firm registered AED 31.5 million ($8.58 million) in net profits in Q3-18, a rise from the previous year’s AED 23.78 million ($6.48 million), the company said in a statement to the Abu Dhabi Securities Exchange (ADX).
As for the nine-month period ended 30 September 2018, Emirates Insurance logged AED 90.22 million in profits, up from AED 82.53 million in the prior year period.
The Abu Dhabi-listed insurance firm previously reported a 21% year-on-year rise in profits to AED 29.4 million in Q2-18 from AED 24.34 million.
