ADNIC turns profitable in Q2

Abu Dhabi – Mubasher: Abu Dhabi National Insurance (ADNIC) achieved AED 68.4 million ($18.62 million) profits in the second quarter of 2016 versus AED 303.82 million ($82.7 million) losses in the same period of the previous year.

The company posted AED 107 million profits in the six-month period of 2016 against AED 298.8 million losses in the year-ago period, according to a bourse filing on Tuesday.

Mubasher Contribution Time: 09-Aug-2016 12:54 (GMT)
Mubasher Last Update Time: 09-Aug-2016 13:26 (GMT)