Delta Insurance Q2 profits soar 617%

Cairo – Mubasher: Delta Insurance’s consolidated financial statements showed a rise of 617.4% in the company’s profits for the second quarter of fiscal 2016-2017 to EGP 124.9 million, versus EGP 17.41 million for Q2-15/16.

Profits for the first half of fiscal 2016/17 increased 875.9% to EGP 131.16 million from EGP 13.44 million for H1-15/16.

Standalone profits grew in the first half of 2016/17 by 658.4% to EGP 109.66 million, compared to EGP 14.46 million for H1-15/16, according to a bourse statement.

Foreign exchange earnings amounted to EGP 97.16 million.

Mubasher Contribution Time: 12-Feb-2017 10:00 (GMT)
Mubasher Last Update Time: 12-Feb-2017 10:00 (GMT)