Sharjah Insurance sees lower profits in Q2

Abu Dhabi-Mubasher: Sharjah Insurance Company saw a drop by 51.7% in its second-quarter profits, according to a bourse statement.

Net profits reached AED 4 million ($1.09 million) in Q2-16, compared to AED 8.28 million ($2.25 million) in Q2-15.

The company incurred losses of AED 2.92 million in H1-16, against profits of AED 9.27 million in H1-15.

Mubasher Contribution Time: 09-Aug-2016 10:10 (GMT)
Mubasher Last Update Time: 09-Aug-2016 10:10 (GMT)