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FINANCIAL NEWS
Profit of Qatar General Insurance drops 92.75 percent in H1
21 Jul 2014
(MENAFN) Net profit of Qatar General Insurance and Reinsurance Company was estimated at USD14.75 million in the first half of the current year, according to the Peninsula Qatar.
That was 92.75 percent, or what worth USD203.68 million, lower than its net profit in the same period in 2013, according to a Qatar Exchange bulletin yesterday.
The company’s earning per share (EPS) dropped by USD0.211 compared to USD2.94 during the same period in 2013.
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