Bahrain Kuwait Ins. posts $6.1m net profit in H1
Monday, 08 03 2020, Category: Insurance and Reinsurance, Country: Bahrain
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.