Mubasher: Wethaq Takaful Insurance posted a decrease of 3.98% in profits during fiscal year 2018 compared to the prior year, according to a bourse disclosure on Thursday.
Earnings shrank to about KWD 86,400 ($1,000) in FY18 compared to KWD 90,000 a year ago.
Operating revenues grew by 15.9% to KWD 5 million in FY18 from KWD 4.32 million in 2017.