Aman’s profit soars 550% YoY in 2019

Dubai – Mubasher: Dubai Islamic Insurance and Reinsurance Company (Aman) has reported a 550% year-on-year surge in profit during the fiscal year 2019.

The company’s profit rose to AED 9.62 million last year, compared to AED 1.48 million in 2018, according to a bourse statement released on Thursday.

On the other hand, revenue dropped to AED 249.52 million in 2019, from AED 375.82 million a year earlier.

It is worth noting that Aman posted a profit attributed to shareholders worth AED 1.260 million over the third quarter ended 30 September 2019, up from AED 1.180 million in the same period of the previous year.

Mubasher Contribution Time: 13-Feb-2020 18:49 (GMT)
Mubasher Last Update Time: 13-Feb-2020 18:49 (GMT)