Khaleej Takaful Insurance Company Profits Decrease by 1.87 percent in First Half of 2024

Doha, July 31 (QNA) – The net profits of Khaleej Takaful Insurance Company (a Qatari public shareholding company) decreased by 1.87 percent in the first half of 2024 to reach QR 42.755 million , compared to QR 43.570 million in the same period last year.

The company’s data posted on the Qatar Stock Exchange website Wednesday showed a decrease in the return on share to QR 0.167 in the period ending on Jun. 30, compared to earnings per share of QR 0.171 Qatari for the same period of the previous year.

Khaleej Takaful Insurance Company was established in 1979 to provide insurance and reinsurance services of all kinds, and since 2010 it has been transformed into a Takaful insurance company with a capital of QR 255.279 million . (QNA)

Source: Qatar News Agency