Doha – Mubasher: Qatar Insurance Company posted on Tuesday a net profit of QAR 109 million ($29.9 million) for the third quarter of fiscal 2016, 5.21% down from QAR 115 million ($31.6 million) for Q3-15.
Net profit for the first nine months of 2016, however, grew by 2.6% to QAR 711 million from QAR 693million for the same period last year, according to a bourse filing.
Earnings per share for the nine-month period amounted to QAR 3.13 million, compared to QAR 3.22 million for the same period of 2015.
The company earlier reported a net profit of QAR 602 million for the first half of 2016, 4.15% up from QAR 578 million for H1-15.
