Islamic Insurance Net Profit Rose to QR57.48
Million in Q3 2018
October 22, 2018
Qatar Islamic Insurance Company net profit
amounted to QR57.48 million, compared to QR50.14 million for the
same period last year, while the company’s earnings per share
reached QR3.83 until end of the third quarter of 2018, versus
QR3.34 for the corresponding period of 2017.
The Group’s Comments:
Islamic Insurance total revenues for the nine
months ended on 30/09/2018 rose by 17.8% to QR88.6 million, of
which 75 million generated from were for the Agency Fees, while
total expenses also climbed by 23.9% to QR25.1 million.
Resulting in the increase of the net profit by 14.7% to QR57.5
million.
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