Delta Insurance H1 profits down 30.3%

Cairo – Mubasher: Delta Insurance said its unaudited consolidated financial statements for the first half of the fiscal year 2015/16 have reflected a decline of 30.3% in its net profits.

The firm saw net profits of EGP 13.4 million for H1-FY15/16, down from EGP 19.3 million for the same period a year earlier.

Meanwhile, the company’s unconsolidated financial statements for H1-FY15/16 showed net profits of EGP 14.5 million, down 27.7% from EGP 20 million for the corresponding period of the previous year.

Mubasher Contribution Time: 14-Feb-2016 11:14 (GMT)