Wethaq Insurance FY18 profits decline 4%

Mubasher: Wethaq Takaful Insurance posted a decrease of 3.98% in profits during fiscal year 2018 compared to the prior year, according to a bourse disclosure on Thursday. 

Earnings shrank to about KWD 86,400 ($1,000) in FY18 compared to KWD 90,000 a year ago. 

Operating revenues grew by 15.9% to KWD 5 million in FY18 from KWD 4.32 million in 2017. 

Mubasher Contribution Time: 28-Feb-2019 13:12 (GMT)
Mubasher Last Update Time: 28-Feb-2019 13:12 (GMT)