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Arabian-Scandinavian Co. H1 loss hits AED 3.6 million

Arabian-Scandinavian Co. H1 loss hits AED 3.6 million
Sukoon Takaful
ASCANA
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In its statement to the Dubai Financial Market (DFM), Arabian Scandinavian Insurance Company reported its financial results for the first six months of 2014, during which it achieved a net loss of AED 3.6 million compared to a net profit of AED 16.3 million during the same period in 2013.

The Company’s Q2-14 net loss reached AED six million compared to a net profit of AED 9.45 million in Q2-13.