EIC
EIC
11.11%
8.00
0.80
EIC
In its announcement to the Abu Dhabi Securities Exchange (ADX), Emirates Insurance Co. reported a significant growth in net profit for the first six months of 2014 to AED 89.4 million, compared to 60 million during the same period in 2013, recording a growth leap by 51%.
Results also showed a massive profit growth by 90% during Q2-14 to AED 40.400 million, compared to AED 21.3 million during Q2-13.
Revenue on bank premiums for H1-14 grew to AED 381 million compared to AED 333.2 million in H1-13, registering a 14.3% rise.
Results also showed a massive profit growth by 90% during Q2-14 to AED 40.400 million, compared to AED 21.3 million during Q2-13.
Revenue on bank premiums for H1-14 grew to AED 381 million compared to AED 333.2 million in H1-13, registering a 14.3% rise.
Source:
Mubasher Exclusive