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Al Fujairah Insurance H1 profits soar 99%

Al Fujairah Insurance H1 profits soar 99%
Photo Credit: Arabianeye-Reuters
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Abu Dhabi-Mubasher: Al Fujairah National Insurance Company reported a 98.74% profit surge to AED 7.75 million ($2.11 million) in the first half of 2015, compared to AED 3.9 million ($1.06 million) in the same period of 2014, according to a bourse filing.

Profits reached AED 4 million in Q2-15, compared to AED 1.08 million in Q2-14.

The company previously reported a 26.48% net profit decline to AED 3.66 million in Q1-15, compared to AED 4.98 million in Q1-14.