Alliance Insurance posts AED 13.5m profit in Q1

Dubai – Mubasher: Alliance Insurance announced it has achieved a net profit of AED 13.53 million in the first quarter of 2019, compared to AED 14.134 million in Q1-18.

Earnings per share (EPS) stood at AED 13.53 in Q1-19, versus AED 14.13 in the same quarter of 2018, the UAE-based insurer said in a statement to the Dubai Financial Market (DFM).

Total income reached AED 24.5 million in the three-month period ended 31 March, versus AED 27.13 million in the year-ago period.

The company’s total assets amounted to AED 1.398 billion at the end of March, compared to AED 1.33 billion in Q1-18.

Mubasher Contribution Time: 13-May-2019 07:17 (GMT)
Mubasher Last Update Time: 13-May-2019 07:34 (GMT)