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Arab Jordanian Insurance profits rise 64% in Q3

Arab Jordanian Insurance profits rise 64% in Q3
The company’s profits almost doubled in 9 months - (Photo Credit: Arabianeye-Reuters)
AJIG
ARGR
4.05% 0.77 0.03

Mubasher: Arab Jordanian Insurance Group reported a growth in profits by 63.6% in the third quarter of 2016 to JOD 298,500 ($419,700) compared to JOD 182,500 (256,500) in the third quarter of last year, according to a bourse filing.

Profits also upsurged in the first nine months of the year to JOD 836,540 from JOD 426,730 in the same period in 2015, the company said in a statement to the Amman Stock Exchange (ASE) on Tuesday.