ID :
345586
Thu, 10/23/2014 - 12:47
Auther :

Doha Insurance Company Reports QR57 Million Net Profit

Doha, October 23 (QNA) - Doha Insurance Company disclosed the interim financial statements for the period ending September 30, 2014. The interim financial statements revealed a net profit of QR57 million for the nine months period ended September 30, 2014 in comparison to a net profit of QR 39 million for the corresponding period last year. The company's Earnings per Share (EPS) amounted to QR 1.14 for the period ended September 30, 2014 versus QR 0.78 for the corresponding period in 2013. Doha Insurance Company is a Qatari shareholding company registered and incorporated in the State of Qatar under Emiri Decree No. 30 issued on 2nd October 1999. The Company was formed in 2000 in response to the need for growth in the insurance industry, warranted by unprecedented accelerated economic expansion in Qatar as well as the enactment of laws encouraging investments. (QNA)

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