QIC Profits Rise 11% in First Quarter of 2022

Qatar Insurance Group

The profits of Qatar Insurance, a Qatari shareholding company, increased by 10.94 percent to reach QR 223 million at the end of the first quarter of 2022, an increase from a net profit of QR 201 million for the same period in 2021.

The company revealed in a statement published on the Qatar Stock Exchange website Wednesday that earnings per share (EPS) amounted to QR 0.062 at the end of the first quarter of 2022 compared to QR 0.055 for the same period in 2021.

It is worth mentioning that Qatar Insurance Company was established in 1964 and was listed on the Qatar Stock Exchange in 1997.

(QNA)