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Al Khaleej Takaful reports QR24.3mn net profit in Q1

Al Khaleej Takaful reports QR24.3mn net profit in Q1
Al Khaleej Takaful
AKHI
-1.51% 2.60 -0.04
Al Khaleej Takaful Group (AKHI) reported a net profit of QR24.3mn in 1Q2014, reflecting a QoQ fall of 26.5%. On a YoY basis, AKHI’s net profit increased by 47.0%. EPS amounted to QR1.10 in 1Q2014 vs. QR0.97 in 1Q2013. Total investment & other incomes declined by 26.1% QoQ and increased by 43.5% YoY to QR37.3mn, according to QE.