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First Takaful suffers KWD5m loss in nine months

First Takaful suffers KWD5m loss in nine months
FTI
FTI
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First Takaful Insurance disclosed its interim financial statements for the nine months period ended September 30, 2014.

The statements reflected KWD5.7 million loss for this period against KWD178.5 thousands profit for the corresponding period of previous year.

Meanwhile, the company achieved KWD162 thousands profit for the third quarter of 2014 compared to KWD74.4 thousands for the same period of previous year, up by 117%.