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Qatar Insurance profit climbs 46% in nine months

Qatar Insurance profit climbs 46% in nine months
Islamic Insurance
QISI
-0.94% 8.00 -0.08
Qatar Insurance disclosed its interim financial statements for the period ending September 30, 2014. The statements revealed a net profit of QAR779.7 million for the nine months period ended September 30, 2014 in comparison to a net profit of QAR534.5 million for the corresponding period in previous year.

The company’s Earnings per Share (EPS) amounted to QAR4.86 for the period ended September 30, 2014 versus QAR3.33 for the corresponding period in 2013.

Meanwhile, the company's board of directors has approved listing QIC International (QICI) – subsidiary of QIC and incorporated under Qatar Financial Centre – in Qatar Stock Exchange -QSE.