Quotes: US MENA   Enter Symbol: NewsLetter: Search: advanced

Qatar- QGIRC posts QR69.5m profit  Join our daily free Newsletter

MENAFN - The Peninsula - 22/04/2010

No. of Ratings : 0
Add to Mixx!


 


(MENAFN - The Peninsula) Qatar General Insurance & Reinsurance Company (QGIRC) has announced its first quarter results for the year 2010.

QGIRC achieved an outstanding result at all the levels resulted in a net profit of QR69.5m compared to QR45.4m for the same period of 2009, showing an increase of 53 percent.

The Earning per Share was up to QR2.18 compared to 1.42 for the same period of last year, showing an increase of 55 percent.

In addition, as a result of adopting the fair market value policy for its investments properties during the first quarter this year, total assets has increased to QR3.730bn, compared to QR1.667bn for the same period of 2009.

Shareholder's equity has increased to QR2.290bn, compared to QR974m for the same period of 2009, with of increase of 135 percent.

 






  MENA News Headlines


 






Google

 
 

Middle East North Africa - Financial Network

MENAFN News Market Data Countries Tools Section  
 

Middle East North Africa - Financial Network
Arabic MENAFN

Main News
News By Industry
News By Country
Marketwatch News
UPI News
Comtex News

IPO News
Islamic Finance News
Private Equity News

How-To Guides
Technology Section

Travel Section

Search News

Market Indices
Quotes & Charts

Global Indices
Arab Indices

US Markets Details

Commodoties

Oil & Energy

Currencies Cross Rates
Currencies Updates
Currency Converter

USA Stocks
Arab Stocks
 

Algeria 
Bahrain 
Egypt 
Iraq
Jordan 
Kuwait 
Lebanon
Morocco 
Oman 
Palestine
Qatar 
Saudi Arabia 
Syria
Tunisia 
UAE 
Yemen

Weather
Investment Game
Economic Calendar
Financial Glossary

My MENAFN
Portfolio Tracker

Voting

Financial Calculators

RSS Feeds [XML]

Corporate Monitor

Events

Real Estate
Submit Your Property

Arab Research
Buy a Research

Press Releases
Submit your PR

Join Newsletters


 
© 2000 menafn.com All Rights Reserved.  Terms of Service | Privacy Policy | Contact Us | Advertise | About MENAFN | Career Opportunities | Feedback | Help