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Dar Al Takaful turns profitable in Q3

Dar Al Takaful turns profitable in Q3
Dar Al Takaful generated profits of AED 1.38 million in the first nine months of 2016 (Photo Credit: Company Website)
WATANIA
WATANIA
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Dubai – Mubasher: Dar Al Takaful swung to profits in the third quarter of 2016, according to a bourse filing.

Profits reached 2.76 million ($751,000) in Q3-16, against losses of AED 2.25 million ($612,000) in Q3-15.

The company generated profits of AED 1.38 million in the first nine months of 2016, versus losses of AED 5.22 million in the prior-year period.