Sharjah Insurance swings to profits in Q3

Abu Dhabi – Mubasher: Sharjah Insurance Co. turned profitable in the third quarter of 2016, according to a bourse statement.

Profits reached AED 6.7 million ($1.82 million) in Q3-16, against losses of AED 6.9 million ($1.9 million) in Q3-15.

The company generated profits of AED 3.8 million in the first nine months of 2016, a growth of 63.8% from AED 2.32 million in the corresponding period of 2015.

Mubasher Contribution Time: 14-Nov-2016 13:33 (GMT)
Mubasher Last Update Time: 14-Nov-2016 13:33 (GMT)