Mubasher TV
Contact Us Advertising   العربية

Dar Al Takaful sees lower losses in Q1

Dar Al Takaful sees lower losses in Q1
(Photo Credit: Arabianeye-Reuters)
WATANIA
WATANIA
-0.51% 0.59 -0.00

Dubai – Mubasher: Dar Al Takaful turned profitanble in the first quarter of 2017, according to a bourse statement.

The companty generated profits of AED 2.30 million ($0.626 million) in Q1-17, compared to AED 3.97 million ($1.08 million) in Q1-16.

Net takaful revenues rose 36.1% to AED 41.14 million in Q1-17, compared to AED 30.22 million in Q1-16.