Abu Dhabi – Mubasher: Al-Fujairah National Insurance Company (AFNIC) said its profits fell 26.48% in the first quarter of 2015, reaching AED 3.66 million ($996,000) from AED 4.98 million ($1.36 million) Q1-14, according to a filing to the Abu Dhabi Securities Exchange (ADX).
AFNIC previously posted a net profit decline by 4.14% in its annual profits for 2014 to AED 18.15 million, compared to AED 19 million in 2013.
