The company incurred losses of AED 2.92 million in H1-16 (Photo credit: Arabianeye - Reuters)
SICO
SICO
SICO
Abu Dhabi-Mubasher: Sharjah Insurance Company saw a drop by 51.7% in its second-quarter profits, according to a bourse statement.
Net profits reached AED 4 million ($1.09 million) in Q2-16, compared to AED 8.28 million ($2.25 million) in Q2-15.
The company incurred losses of AED 2.92 million in H1-16, against profits of AED 9.27 million in H1-15.
Source:
Mubasher
