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Dhofar Insurance FY15 profits fall 27%

Dhofar Insurance FY15 profits fall 27%
Photo Credit: Arabianeye-Reuters
Dhofar Insurance
DICS
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Mubasher: Dhofar Insurance reported a 27.2% profit decline to OMR 2.41 million ($6.26 million) in the fiscal year 2015, compared to OMR 3.31 million ($8.6 million) in the fiscal year 2014, according to the company’s unaudited financial statements.

Gross premium written reached OMR 65.4 million during the period, compared to AED 64.09 million.