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FINANCIAL NEWS
Oman Insurance Co. posts drop in profits by 8.5pct
12 Aug 2016
(MENAFN) Oman Insurance Co. recorded an 8.5 percent drop in net profits for the second quarter of this year.
Furthermore, the firm profits reached USD9.8mn in the cited quarter this year, from USD10.73mn in Q2 last year.
However, the Dubai- listed firm profits dropped by 29.8 percent to AED58.5mn in the Jan-June period of this year from AED83.3mn in 2015.
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