Orient Insurance Company, listed on the Dubai Financial Market, has achieved a growth of 5% in the profits for the second quarter of this year to reach 104.5 million dirhams.

According to CNBC Arabia, the company achieved a growth in its net profit during the first half of 2020 by 3% on an annual basis, recording as low as 270 million dirhams, and to reach the earnings per share At about 53 fils.

The company's profit growth in the first half of this year is due to the growth of net insurance income by 5.5% on an annual basis in addition to the company achieving profits from its share of associate companies in exchange for Losses recorded during the first half of 2019

(Fun Knowledge of Knowledge)