Union Insurance posted AED 60 million profit for the first quarter ending March 31.
This reflects a 2261% leap compared with AED 2.54 million in the same period a year earlier.
Company’s earnings per share reached AED 0.181 in the first quarter of 2014 compared with AED 0.008 a year earlier.
Net revenues from investment hit AED 57.3 million, compared with AED 4.2 million a year earlier.