Doha – Mubasher: Al Khaleej Takaful Group on Thursday reported a slight year-on-year decline in its profits by 2.1% for the first quarter of 2017.
Profits stood at QAR 13.87 million ($3.81 million) in Q1-17, compared to QAR 14.17 million ($3.89 million) in Q1-16, according to a filing to the Qatar Stock Exchange (QSE).
Earnings per share (EPS) reached QAR 0.54 in Q1-17, compared to QAR 0.55 in the corresponding period of the year before.
The Qatari insurance company had previously reported a 69.37% slide in profits to QAR 13.29 million in 2016, compared to QAR 43.39 million in 2015.
The stock closed in the green, adding 4.71% to QAR 20. A total of 652 shares were exchanged, at a value of QAR 13,040.
