News Column

Al-Ahlia Insurance Co. posts profits of KD 5.9mln

August 13, 2014

KUWAIT, Aug 12 (KUNA) -- Al-Ahlia Insurance Co. announced on Tuesday its profits for the first six months of this year which came to KD 5.9 million, raising the price per share profitability by 30.1 Fils.

The total amount of shareholder's funds with the company for the same period was KD 94.4 million, said the company announcement on the electronic website of KSE.

Total assets were KD 162.7 million and total liabilities came to KD 68.3 million for the first six months of the current year.

A-Ahlia Insurance Co. was established in 1962 with a paid capital of about KD 20 million and deals primarily in the insurance business. (end) fh.ajs

All KUNA right are reserved

For more stories on investments and markets, please see HispanicBusiness' Finance Channel

Source: Kuwait News Agency

Story Tools Facebook Linkedin Twitter RSS Feed Email Alerts & Newsletters