Mubasher: Oman United Insurance company’s unaudited financial statements showed an 8.8% year-on-year decline in 2015 profit.
Net profit after tax reached OMR 3.25 million in 2015, versus OMR 3.57 million in 2014.
Gross written premium was valued at OMR 38.7 million by the end of 2015, compared to about OMR 41.36 million in 2014, decreasing 6.4%.
The Muscat-listed company earlier reported a net profit after tax of OMR 3.16 million in the first nine months of 2015, compared to OMR 4.38 million in the same period of 2014.
The company’s share rose in today’s early trading by 0.62% to OMR 0.16.
