Dubai – Mubasher: Takaful Al Emarat reported a 26522% year-on-year growth in its profits during the third quarter of 2016, according to a bourse statement.
Net profits reached AED 5.17 million ($1.41 million) in Q3-16, compared to AED 19,420 ($5,290) in Q3-15.
The company generated profits of AED 11.22 million in the first nine months of 2016, up 763% from AED 1.3 million in the same period of 2015.
Revenues rose 76.6% to AED 48.21 million in the nine-period of 2016, compared to AED 27.3 million in the prior-year period.
