Bahrain Kuwait Ins. net profit surges 11.2% in Q1
Monday, 05 10 2021, Category: Insurance and Reinsurance, Country: Bahrain
MANAMA: Bahrain Kuwait Insurance Company (BKIC) has reported a net profit attributable to shareholders of BD0.950 million for the three months ended March 31 compared with BD0.854m for the same period last year, an increase of 11.2 per cent.
BKIC announced yesterday its consolidated financial results. Earnings per share remained at six fils during the first quarter this year and in the same period last year taking into consideration the recent increase in capital.
The total comprehensive income attributable to the shareholders reached BD1.04m in Q1-2021 compared with comprehensive loss of BD0.987m in Q1-2020.