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ARIG to tackle financials in Feb

ARIG to tackle financials in Feb
ARIG
ARIG
-4.25% 0.90 -0.04

 

Arab Insurance Group (ARIG) has announced that its Board of Directors will convene on Thursday, February 12, 2015, to discuss and approve the Company’s financial statements for the period ending December 31, 2014.

Listed on the Bahrain Bourse (BB) and the Dubai Financial Market (DFM), ARIG had reported a net profit of $7.7 million (BHD 2.9 million) during the first nine months of 2014, compared to $10.4 million (BHD 3.9 million) during the same period in 2013. However, net profit for the third quarter retreated slightly by three percent to $5.15 million against $5.3 million in Q3-13.

ARIG’s capital amounts to $220 million, distributed on 220 million shares at par value $1 per share.

 

Photo Credit: Arabianeye-Reuters