Arab Scandinavian Insurance FY14 profits fall 39%

 

Dubai – Mubasher: Arab Scandinavian Insurance (ASCANA) announced its financials for the period ended December 31, 2014, in a bourse filing to the Dubai Financial Market (DFM).

The insurance company reported a significant net profit drop by 39% to AED 31 million ($8.44 million) compared to AED 50.8 million ($13.8 million) by the end of 2013.

Mubasher Contribution Time: 15-Feb-2015 06:05 (GMT)