Orient Insurance Q4 profits grow 54.7%

Mubasher: Orient Insurance achieved a growth of 54.7% in profits during the fourth quarter of 2016 when compared to the same period a year ago.

Earnings increased to AED 51.76 million ($14.08 million) in Q4-16 from AED 33.46 million ($9.11 million) in Q4-15, according to a recent bourse filing.

During the fiscal year of 2016, Orient Insurance reported a growth of 15.4% to AED 313.85 million from AED 272.04 million in FY15.

 

Mubasher Contribution Time: 06-Feb-2017 06:26 (GMT)
Mubasher Last Update Time: 06-Feb-2017 06:27 (GMT)