Qatar General Insurance H1 profit drops to QR53.78m

July 20, 2014 - 6:28:01 pm

DOHA: Qatar General Insurance and Reinsurance Company has announced a net profit of QR 53.78 million for the six-month period ending June 30.

This is a drop by 92.75 percent compared to the net profit of QR 742.24 million reported for the same period in 2013, according to a Qatar Exchange bulletin Sunday.

The company’s Earning per Share (EPS) slid to QR0.77 compared to QR 10.73  for the corresponding period in 2013. (QNA)