Watania's losses fell 95.5% to AED 1.25 million in the first nine months of 2016 (Photo Credit: Arabianeye-Reuters)
Watania
WATANIA
WATANIA
Abu Dhabi – Mubasher: National Takaful Company (Watania) turned profitable in the third quarter of 2016, according to a bourse statement.
Profits reached AED 314,000 ($85,500) in Q3-16, against losses worth AED 13.54 million incurred in Q3-15.
In the first nine months of 2016, losses fell 95.5% to AED 1.25 million from AED 27.51 million in the same period of 2015
Source:
Mubasher
