FINANCIAL NEWS

Doha Insurance revenue grows at QR27.4mn in Q1

23 Apr 2017

(MENAFN) Doha Insurance proclaimed that its net profit for the first quarter of the year increased to QR27.4mn, compared to QR22.4mn for the same period of 2016.

Additionally, earnings per share reached QR0.55 for the period ended March 31, 2017 compared to QR0.45 for the same period of 2016.

The company is a Qatari shareholding firm, listed on Qatar Exchange and is engaged in the business of insurance and re-insurance.

Through 2006, the Doha Insurance Co. established Doha Takaful in order to carry out insurance and reinsurance activities in accordance with Islamic Sharia principals.

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MENAFN2304201700450000ID1095409919

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