Net profits reached AED 24.34 million ($6.62 million) in Q2-16 (Photo Credit: Arabianeye-Reuters)
EIC
EIC
-4.11%
7.00
-0.30
EIC
Abu Dhabi-Mubasher: Emirates Insurance Company (EIC) saw a 4.5% rise year-on-year in its profits during the second quarter of 2016, according to a bourse statement.
Net profits reached AED 24.34 million ($6.62 million) in Q2-16, compared to AED 23.3 million ($6.34 million) in Q2-15.
In H1-16, profits declined 24% to AED 62.8 million compared to AED 82.63 million achieved in H1-15.
Source:
Mubasher