Mubasher: Takaful International reduced its losses in the fourth quarter of 2015, compared to the same period of 2014
The company reported net losses of BHD 951,770 ($2.52 million) in the three months ended 31 December 2015, compared to BHD 981,750 ($2.6 million) for the same period last year, according to a bourse filing posted on Wednesday.
The insurance firm had posted BHD 755,370 in losses for 2015, compared to BHD 843,700 a year earlier.
The board recommended withholding dividends for 2015.
