Cairo – Mubasher: Delta Insurance's net profit for the fourth quarter of 2015/16 jumped 1,223.44% year-on-year to EGP 8.6 million from EGP 702,710, the unaudited consolidated results revealed.
On an annual basis, the company earned EGP 27.8 million, higher 56.98% from EGP 19.96 million a year earlier.
The board of directors put forward paying out cash dividends at 60 piasters per share, along with bonus share distribution amounting to EGP 10 million.
