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GUI Q3 profits hike 91%

GUI Q3 profits hike 91%
(Photo credit: Arabianeye - Reuters)
Global United Insurance
GUI
4.55% 2.07 0.09

Mubasher: The unaudited financial results showed that Global United Insurance Company (GUI) profits hiked 91.1% in the third quarter of 2016.

Profits reached $203,330 in Q3-16 from $106,430 in Q3-15, according to a bourse filing on Wednesday.

The company's profits increased 11.4% to $625,210 in the first nine months of 2016, compared to $561,400 in the year-ago period.