Bahrain Kuwait Insurance Company posts $6.1mln net profit – ZAWYA

SourceZawya
SectorFinancial Markets
CountryBahrain

Bahrain Kuwait Insurance Company posts $6.1mln net profit Total comprehensive income remained at $5.3mln    MANAMA: Bahrain Kuwait Insurance Company (BKIC) has reported a consolidated net profit of BD2.3 million for the half year ended June 2020, compared with BD2.1m of the same period last year, representing an increase of 11 per cent.Earnings per share were 16 fils during the current period compared to 14 fils of the same period last year.Total comprehensive income remained at BD2m.The company achieved 11pc growth in gross premium revenue of BD38m during the first half of this year, compared to BD34.3m in the first half of last year.Earnings per share were 16 fils during the current period compared to 14 fils of the same period last year.MANAMA: Bahrain Kuwait Insurance Company (BKIC) has reported...read more...