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AMAN’s profit catapults in Q1

AMAN’s profit catapults in Q1
Net profit surged to AED 4.5 million in Q1-19
Aman
AMAN
-4.58% 0.40 -0.02

Dubai – MubasherDubai Islamic Insurance and Reinsurance Company (AMAN) reported a 200% profit hike during the first quarter of 2019.

AMAN’s net profit surged to AED 4.5 million in Q1-19 versus AED 1.5 million in the year-ago period, according to a bourse statement released on Thursday.

Gross takaful contributions rose to AED 69.1 million from January to the end of March, compared to AED 54 million a year earlier