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Al Wathba Insurance Q1 profit leaps 572%

Al Wathba Insurance Q1 profit leaps 572%
AWNIC
AWNIC
13.04% 5.20 0.60
Al Wathba National Insurance Co posted AED 74.600 profit for the first quarter ending March 31.
This reflects a 572% leap compared with AED 11.100 profit in the same period a year earlier.
Company’s earnings per share reached 0.36 fils, compared with 0.05 fils a year earlier.
Gross written premium increased 7% by end of March 31, to AED 245.6 million compared with AED 229.5 million a year earlier.