Mubasher TV
Contact Us Advertising   العربية

Al Ahlia Insurance turns profitable in Q2

Al Ahlia Insurance turns profitable in Q2
Net profit reached BHD 626,000 in the first half of fiscal 2016 (Photo credit: Al Ahlia Insurance)
Solidarity Bahrain
AHLIA
0.00% 0.00 0.00

Mubasher: Al Ahlia Insurance Company posted on Wednesday a net profit of BHD 186,810 ($79,900) for the second quarter of the fiscal year 2016, versus net losses of BHD 19,030 ($50,110) for Q2-15.

Net profit reached BHD 626,000 in the first half of fiscal 2016, rising 43.1% compared to BHD 437,560 in the same period of 2015, according to a bourse filing.

The company earlier reported a net profit of BHD 439,190 for Q1-16, 3.81% down from BHD 456.590 for Q1-15.