The company generated profits of AED 690,000 ($188,000) in Q4-16 (Photo Credit: Arabianeye-Reuters)
Insurance House
IH
IH
Abu Dhabi – Mubasher: Insurance House (IH) turned profitable in the fourth quarter of 2016, according to a bourse statement.
The company generated profits of AED 690,000 ($188,000) in Q4-16, against losses AED 7.55 million ($2.05 million).
In 2016, losses fell 71% to AED 5.28 million from AED 18.15 million in 2015.
Source:
Mubasher
