Abu Dhabi – Mubasher: Al Ain Al Ahlia Insurance Co. (AAAIC) registered a marginal increase of 0.4% to AED 37 million ($10.07 million) in its net profits for the first quarter of 2015, compared to AED 36.8 million ($10.02 million) in the same period in 2014, according to a filing to the Abu Dhabi Securities Exchange (ADX).
The insurance firm previously reported a 54% surge in its annual net profits for 2014, reaching AED 64.95 million from AED 42.177 million in 2013.
AAAIC’s capital amounts to AED 150 million divided on 15 million shares at par value of AED 10 each.
