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Dubai Insurance posts AED 19m Q1 profits

Dubai Insurance posts AED 19m Q1 profits
Photo Credit: Arabianeye-Reuters
Dubai Insurance
DIN
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Dubai – Mubasher: Dubai Insurance Company reported 18.5% growth in its net profits for the first quarter of 2015, reaching AED 19.25 million ($5.24 million) from AED 16.24 million ($4.42 million) in the same period the year before, according to its filing to the Dubai Financial Market (DFM) on Thursday.

The insurance firm previously posted a 4.65% decline its annual net profits for 2014 to AED 30 million compared to AED 31.5 million in 2013.