Al Dhafra Insurance Q1 net profit down 26%

02/05/2009 00:00 AST

Al Dhafra Insurance Company has reported a net profit of AED15.55 million, or basic earnings per share of AED0.21, for the first quarter ended March 31, 2009, a decrease of 25.76%, compared to AED20.95 million, or basic earnings per share of AED0.28, for the corresponding quarter of 2008.

For the first quarter of 2009, net investment and other income was AED1.27 million, a decrease of 86.95%, compared to AED9.76 million for the same quarter of 2008.

For the first quarter of 2009, net underwriting income was AED18.93 million, an increase of 21.2%, compared to AED15.62 million for the same quarter of 2008. Gross premium income for the first quarter of 2009 was AED70.47 million, an increase of 0.82%, compared to AED69.89 million in the corresponding quarter of 2008.

Total assets of the company as of March 31, 2009 were AED672.6 million, compared to AED653.74 million as of December 31, 2008.


Insurance Business Review

News

Al Dhafra Insurance Q3 profit jumps 138%

01/11/2010

Abu Dhabi-based Al Dhafra Insurance third quarter profit more than doubled on strong growth in investment income, gross premiums and net underwriting income.

The company's financial statem

Business 24|7

Most Viewed Companies

Ticker Price Volume

Valuation

DHAFRA Sector Market
P/E
Price/BookValue

Momentum

Relative Strength
  • 1-Month
  • 3-Month
  • 1-Year
Volume Change
  • 10D Avg Vs 90D Avg
Price Vs…
  • 52-w high
  • 50-day moving avg.
  • 200-Day Moving Avg

Top Related Companies

Ticker Price Change
IHC 399.50 0.00 (0.00%)
FAB 16.50 0.10 (0.60%)
EMIRATESNBD 26.15 0.90 (3.56%)
INVESTB 0.45 0.00 (0.00%)
ADCB 14.84 0.10 (0.67%)

Recent News

Ooredoo AGM approves QR0.75 dividend distribution

10/03/2026

Shareholders of Ooredoo have approved the board of directors' recommendation to distribute a cash dividend of QR0.75 per share during its Annual General Meeting, presided over Sheikh Faisal bin Thani

Gulf Times

Land bank sale, divestments boost Amlak's 2025 profit to Dh1.47 billion

10/03/2026

Real estate financier Amlak Finance reported a net profit after income tax of Dh1.47 billion in 2025, compared to Dh12 million in 2024. Total income for the financial year 2025 surged to Dh3.12 billi

Khaleej Times

Empower distributes Dh2.575 billion in dividends since DFM listing

10/03/2026

Emirates Central Cooling Systems Corporation PJSC (Empower) has reaffirmed its commitment to distributing dividends to shareholders regularly, twice a year, since its listing on the Dubai Financial M

Khaleej Times

Sharjah Islamic Bank approves 20% dividend, capital boost as profits jump

10/03/2026

Sharjah Islamic Bank (SIB) on Monday approved a 20 per cent cash dividend and a major capital increase after reporting strong full-year results in what its chairman described as a "historic milestone

Khaleej Times

Ithmaar Holding shareholders approve move to raise capital

09/03/2026

Shareholders of Ithmaar Holding, a Bahrain-based holding company, on Sunday (March 8) approved its plan to raise capital, which includes the cancellation of accumulated losses against share capital a

Trade Arabia

logo

Financial Information Co.

Saudi Arabia

GCC Markets

Mutual Funds

News

Investment Tools

Sector News

Screeners

Indices & Commodities

Downloads

Copyright ©2001 - 2025, Financial Information Co. All Rights Reserved.

Terms of Services | Privacy Policy | Advertise with us | Contact Us | Sitemap