Al Ahlia Insurance turns profitable in Q2

Mubasher: Al Ahlia Insurance Company posted on Wednesday a net profit of BHD 186,810 ($79,900) for the second quarter of the fiscal year 2016, versus net losses of BHD 19,030 ($50,110) for Q2-15.

Net profit reached BHD 626,000 in the first half of fiscal 2016, rising 43.1% compared to BHD 437,560 in the same period of 2015, according to a bourse filing.

The company earlier reported a net profit of BHD 439,190 for Q1-16, 3.81% down from BHD 456.590 for Q1-15.

Mubasher Contribution Time: 10-Aug-2016 08:38 (GMT)
Mubasher Last Update Time: 10-Aug-2016 08:38 (GMT)