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Net Profit for Islamic Insurance Company in Q1, 2017
Rises 2.4% to QR 22.71 Million
April 26, 2017
Qatar Islamic Insurance Company's net profit amounted to QR
22,710 Million, compared to QR 22,165 million for the same
period of the previous year. The earnings per Share (EPS)
amounted to QR 1,51 for the period ended 31.3.2017 compared to
EPS amounted to QR 1,48 for the same period of the previous
year.
The
Group's Comment
Qatar Islamic Insurance's total income increased slightly to 31
million in the first quarter of 2017, including 21.8 million as
agency fees. Total expenses dropped slightly to QR 8.31 million.
As result, net profit posted in this period increased by 0.5
million to the level of 22.7 million.
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