OIC's profits fell 2.9% to AED 78.9 million in 2016 (Photo Credit: Company Website)
Sukoon
SUKOON
SUKOON
Dubai – Mubasher: Oman Insurance Company (OIC) turned to losses in the fourth quarter of 2016, according to a bourse statement.
The company incurred losses of AED 140,000 ($38,110) in Q4-16, against profits of AED 35.68 million ($9.72 million) in Q4-15.
Profits fell 2.9% to AED 78.9 million in 2016, compared to AED 81.21 million in 2015.
Source:
Mubasher
