BKIC discloses its financial results for the 9 months of 2020

BKIC discloses its financial results for the 9 months of 2020

Dr. Abdulla Sultan Bahrain Kuwait Insurance Company B.S.C. (trading code in Bahrain Bourse “BKIC.BH” and in Boursa Kuwait “BKIKWT”) announced its consolidated financial results for the nine months ended 30thSeptember 2020. The consolidated financial results for the three months ended 30thSeptember 2020 presented a net profit attributable to the shareholders of BD 0.778 million compared to BD 0.659 million for the same period last year, representing an increase of 18.1.%. Earnings per share during the 3rd quarter of current year were 5 fils, equivalent to the 3rd quarter of last year. The total comprehensive income attributable to the shareholders reached BD 0.991 million in Q3-2020 compared to BD 1.01 million in 03-2019, registering a decrease of 1.8%. The company achieved 25% growth in gross premium revenue from BD 14.6