Dubai – Mubasher: The financial statements of National General Insurance Co revealed a profit of AED 31.052 million over the period from January to September 2019, down from AED 39.375 million a year earlier.
Earnings per share (EPS) for the nine months in 2019 stood at AED 0.21 from AED 0.26 in the same period a year ago.
The net premium recorded AED 210.981 million in the January-September 2019 period, up from AED 204.740 million in the same period in 2018, according to a bourse statement on Monday.
Over the third quarter of 2019, the company’s profit plunged to AED 7.538 million from AED 21.991 million in Q3-18.
EPS reached AED 0.05 in Q3-19 from AED 0.15 in Q3-18.
Furthermore, Net premium amounted to AED 55.84 million in the third quarter this year from AED 69.71 million in Q3-18.
