Mubasher: Palestine’s Al Mashreq Insurance Company reported on Tuesday a net profit of $104,010 in the first nine months of 2015.

Profit slumped 77.37% this year compared to $459,790 in the first nine months of 2014, according to the company’s financial statements.

The company earlier posted a net profit of $83,480 in the first half of fiscal year 2014/15, versus $49,882 in the same period a year earlier, with a rise of 67.35%.