Abu Dhabi Takaful reports 11% higher profit in 9M

Abu Dhabi – Mubasher: The net profit attributed to shareholders of the Abu Dhabi National Takaful Co (ADNTC) rose by 11% annually to AED 58.6 million in the nine-month period ended 30 September from AED 52.8 million.     

Earnings per share (EPS) totalled AED 0.59 in the same period in 2019 from AED 0.53 in the same period in 2018, according to a bourse statement on Wednesday.

The insurance firm’s total assets recorded AED 1.24 billion over the period ended 30 September when compared to AED 1.02 billion in the previous year.

It is worth highlighting that during the first six months in 2019, the company’s net profit soared to AED 65.4 million, compared to AED 48.5 million in the prior-year period.

Mubasher Contribution Time: 13-Nov-2019 08:10 (GMT)
Mubasher Last Update Time: 13-Nov-2019 09:56 (GMT)