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ADNIC Q1 profit rises 49%

ADNIC Q1 profit rises 49%
ADNIC
ADNIC
-0.17% 5.81 -0.01
Abu Dhabi National Insurance Co (ADNIC) posted AED 55 million for the first quarter ending March 31.
This reflects a 49% rise compared with AED 37 million in the same period a year earlier.
ADNIC’s earnings per share (EPS) reached 15 fils, compared with 10 fils a year earlier.
Net written premium increased 33% by end of March 31, to AED 993 million compared with AED 747 million a year earlier.