Orient Insurance Company announced its financial statements to the Dubai Financial Market (DFM) early Wednesday, reported a net profit of AED 218.56 million during the first nine months of the year compared to AED 211.6 million during the similar period last year, registering a profit increase by 3.3%.

Net profit for the third quarter this year increased slightly by 0.36% to AED 48.53 million against AED 48.36 million during the third quarter of 2013.

Worth noting, Orient’s profit during the first half of the year amounted to AED 170 million compared to AED 163 million during the first half of 2013.

Orient’s capital amounts to AED 500 million distributed on five million shares at par value of AED 100 per share.