Abnic reports Dh52m net profits in 2017

19/03/2018 05:52 AST

Al Buhaira National Insurance Co. (Abnic) reported a net profit of Dh52 million in 2017 compared to Dh43 million in 2016. The company posted Dh31 million in underwriting profits last year, up 24 per cent compared to Dh25 million reported in 2016. Abnic's written premium stood at Dh537 million for the year 2017. Shareholders equity stood at Dh664 million and the total assets were at Dh1.75 billion at the year-end 2017.


Gulf News

News

Abnic reports Dh52m net profits in 2017

19/03/2018

Al Buhaira National Insurance Co. (Abnic) reported a net profit of Dh52 million in 2017 compared to Dh43 million in 2016. The company posted Dh31 million in underwriting profits last year, up 24 per

Gulf News

Al Buhaira National Insurance ratings lowered to 'BBB-'

02/08/2010

Standard & Poor's Ratings Services said today that it lowered its long-term counterparty credit and insurer financial strength ratings on United Arab Emirates (UAE)-based composite insurer Al Buhaira

AME Info

ABNIC's Q2 profit steady at Dh63m

27/07/2010

Al Buhaira National Insurance Co, or ABNIC, has maintained same profitability level that was achieved at the end of the second-?quarter of 2009.

The company recorded Dh63 million net prof

Khaleej Times

Most Viewed Companies

Ticker Price Volume
ARABIANMILLS 59.20 625,755
NAYIFAT 13.94 229,739
ZAINKSA 10.82 1,868,409
RASIYAT 384.00 1,076,197
LUMI 77.50 102,302
RIBL 24.84 6,676,931
ALRAJHI 85.00 7,711,297

Valuation

ABNIC Sector Market
Price/BookValue
Dividend Yield (%)

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 407.00 -5.90 (-1.43%)
FAB 13.58 -0.18 (-1.31%)
EMIRATESNBD 20.35 0.10 (0.49%)
DIB 6.28 0.08 (1.29%)
ADCB 8.68 0.00 (0.00%)

Recent News

EEC's capital optimization plan to shore up financial position and sustain growth: CEO

14/09/2024

RIYADH: Saudi master developer Emaar The Economic City's SR8.7 billion ($2.32 billion) capital optimization plan is a "strategic response" to its current financial challenges, according to its CEO. <

Saudi Gazette

Arabian Mills set final IPO price at $17.59 per share as CEO details growth vision

12/09/2024

Saudi wheat flour producer Arabian Mills for Food Products Co. has set its final initial public offering price at SR66 ($17.59) per share on the Tadawul main market. During the book-building proces

Arab News

SABIC-MCC joint venture starts output

04/05/2018

SABIC announced the successful completion of the pilot operation of the Methyl Methacrylate Monomer (MMA) and Poly Methyl Methacrylate (PMMA) plants and the commencement of commercial operations.

Saudi Gazette

S&P affirms QIB rating at A-

05/04/2018

Standard & Poor's (S&P) has affirmed QIB's Issuer Credit Rating at A-, Qatar's leading Islamic bank has said in a release. According to S&P, the major contributing factors strengthening QIB's rating

Gulf Times

Qatar National Bank seeks growth in Southeast Asia

05/04/2018

Qatar National Bank (QNB) aims to increase its profit by 5-8 percent this year and loans and investments by 10-12 percent, helped by expansion into faster-growing Southeast Asia markets, its CEO told

The Peninsula

logo

Financial Information Co.

(MITCO), P.O. Box 69410, Riyadh 11547, Saudi Arabia

GCC Markets

Mutual Funds

News

Investment Tools

Sector News

Screeners

Indices & Commodities

Downloads

Copyright ©2001 - 2024, Financial Information Co. All Rights Reserved.

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