EPS amounted to AED 0.03 in H1-18
Aman AMAN -2.90% 0.67 -0.02

Dubai Mubasher: Dubai Islamic Insurance and Reinsurance Company (AMAN) on Sunday posted a net profit of AED 5.3 million for the second quarter of 2018, versus AED 1.6 million in Q2-17.

Net profit from takaful operation reached AED 5.97 million in the three-month period ended June, against a net loss of AED 3.45 million in the prior-year period, according to a filing to the Dubai Financial Market (DFM).

In the first half of 2018, the company logged AED 6.74 million in profit, compared to AED 2.5 million in the year-ago period.

Earnings per share (EPS) amounted to AED 0.03 at the end of June, versus AED 0.012 in H1-17.

The UAE-based firms previously reported a 36% year-on-year drop in its profits for Q1-18, recording a net profit of AED 1.5 million, compared to AED 1.1 million.

Source: Mubasher

All Rights Reserved - Mubasher Info 2005 - 2018 Provided by SyndiGate Media Inc. (Syndigate.info).

Disclaimer: The content of this article is syndicated or provided to this website from an external third party provider. We are not responsible for, and do not control, such external websites, entities, applications or media publishers. The body of the text is provided on an as is and as available basis and has not been edited in any way. Neither we nor our affiliates guarantee the accuracy of or endorse the views or opinions expressed in this article. Read our full disclaimer policy here.