Abu Dhabi – Mubasher: Al Dhafra Insurance Company posted on Sunday a net profit of AED 12.21 million ($3.32 million) for the second quarter of the fiscal year 2016, 72.2% up from AED 7.09 million ($1.93 million) for Q2-15.

In the first half of fiscal 2016, net profit fell 2% to AED 34.78 million from AED 35.48 million for the same period of 2015, according to a bourse filing.

The company earlier reported a net profit of AED 22.56 million for Q1-15.