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Dar Al Takaful profits decline 41% in Q3

Dar Al Takaful profits decline 41% in Q3
Earnings per share reached AED 0.012 in the third quarter of 2019
Dar Al Takaful
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Dubai – Mubasher: Dar Al Takaful posted a 41.1% decrease in profit attributed to shareholders to AED 1.752 million during the third quarter (Q3) of 2019, compared to AED 2.976 million in the corresponding quarter last year, as shown by the company's unaudited consolidated financial statements.

Earnings per share (EPS) totalled AED 0.012 in Q3-19 from AED 0.020 in Q3-18, according to a bourse statement on Tuesday.

Over the first nine months of 2019, the profit attributed to shareholders tumbled to AED 2.877 million from AED 8.084 million in 2018, whereas EPS registered AED 0.019 in the period ended 30 September from 0.054 fils a year earlier.