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Takaful International sees 12 pct rise in profits

Posted on 14 February 2012

Takaful International Company has reported what it says are “proportionate growth in total insurance contributions”, which amounted to five per cent or BHD 17.1 million compared to the same period of 2010 which reached to BHD 16.2 million. Total Takaful revenues rose to BHD 8.7 million from BHD 7.6 million compared to the same period last year.
“A growth of 19 per cent is reflected in the profits of insurance operations which have increased to BHD 3.8 million compared to BHD 3.2 million in the last year, while earnings per share improved by 19 per cent compared to last year,” it said in a statement posted on the Bahrain stock exchange………………………………………..Full Article: Source

 
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