Riyadh – Mubasher: Arabian Shield Cooperative Insurance saw an increase of 193.85% y-o-y in net profits before Zakat for the third quarter of 2016.
The insurer posted net profits of SAR 18.715 million for Q3-2016, compared with SAR 6.369 million for the same period of the preceding year.
As for the first nine months of 2016, the company posted net profits of SAR 36.216 million up by 168.92% from SAR 13.467 million a year earlier.