General Insurance Net Profit Drops by 62% to QR 20.43 Million in the First Quarter of 2019

 

April 29, 2019

 

Qatar General Insurance & Reinsurance Company disclosed its financial statements for the quarter ended 31/30/2019, showing a net profit of QR 20.43 million, a decrease of 62% compared to QR 55.10 million for the same quarter last year.

 

The company’s earnings per share reached QR 0.23 for the quarter ended 31/03/2019, compared to QR 0.63 for the corresponding quarter of 2018.