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Arab Assurers H1 profits fall 14%

Arab Assurers H1 profits fall 14%
Photo Credit: Arabianeye-Reuters
Arab Assurers
ARAS
5.88% 0.18 0.01

Mubasher: The Arab Assurers Insurance reported a 13.86% decline in profits to AED 366,420 during the first half of 2015, compared to AED 425,410 in the same period of 2014.

Amman Stock Exchange previously suspended trading on Arab Assurers' stock for one week as the company’s Q1-15 results were not disclosed yet.

The company’s capital amounts to JOD 8 million, distributed on 8 million shares at JOD 1 par value each.