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Dar Takaful incurs AED 5.22m losses in 9M

Dar Takaful incurs AED 5.22m losses in 9M
Photo Credit: Arabianeye-Reuters
WATANIA
WATANIA
-5.42% 0.56 -0.03

Dubai-Mubasher: Dar Takaful posted losses of AED 5.22 million ($1.42 million) in the nine-month ended 30 September 2015, against profits of AED 3.13 million ($852,000) in the same period of 2014, according to a bourse filing on Sunday.

Losses reached AED 2.25 million in Q3-15, versus profits of AED 600,700 in Q3-14.

The insurance firm reported net profits of AED 2.97 million in the first half of 2015 compared to net profits of AED 2.53 million in the same period of 2014.