AMAN logs AED 5.3m profit in Q2

Dubai – Mubasher: Dubai Islamic Insurance and Reinsurance Company (AMAN) on Sunday posted a net profit of AED 5.3 million for the second quarter of 2018, versus AED 1.6 million in Q2-17.

Net profit from takaful operation reached AED 5.97 million in the three-month period ended June, against a net loss of AED 3.45 million in the prior-year period, according to a filing to the Dubai Financial Market (DFM).

In the first half of 2018, the company logged AED 6.74 million in profit, compared to AED 2.5 million in the year-ago period.

Earnings per share (EPS) amounted to AED 0.03 at the end of June, versus AED 0.012 in H1-17.

The UAE-based firms previously reported a 36% year-on-year drop in its profits for Q1-18, recording a net profit of AED 1.5 million, compared to AED 1.1 million.

Mubasher Contribution Time: 12-Aug-2018 11:54 (GMT)
Mubasher Last Update Time: 12-Aug-2018 12:05 (GMT)

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