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Abu Dhabi National Takaful sees AED 72m net profits in 2019

Abu Dhabi National Takaful sees AED 72m net profits in 2019
Net written contributions rose to AED 244.618 million
Takaful
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Abu Dhabi – Mubasher: The net profits of Abu Dhabi National Takaful Company increased by 6.4% to AED 72.655 million in 2019 from AED 68.345 million in 2018, according to the company’s financial statements for 2019.

The company’s net earned contributions reached AED 206.968 million in 2019, up from AED 170.137 million in the prior year.

Meanwhile, net written contributions rose to AED 244.618 million from AED 210.933 million.

Meanwhile, the basic and diluted earnings per share (EPS) stood at AED 0.73 last year from AED 0.68 in 2018.

It is noteworthy to mention that during the first nine months of 2019, the net profits attributed to shareholders grew by 11% to AED 58.6 million from AED 52.8 million in the same corresponding period in 2018.