The profits of Qatar General Insurance & Reinsurance decreased by 25.43 percent in the first half of 2023, to reach QR 35,115,000 in comparison to Net Profit QR 47,095,000 for the same period of 2022.
In a statement, published on Qatar Stock Exchange (QSE) website on Sunday, the company said that the Earnings per share(EPS) amounted to QR 0.040 as of 30th June 2023 versus Earnings per share (EPS) QR 0.054 for the same period in 2022.
In the statement, the company indicated that its management has taken executive and strategic measures that will have positive effects on all its main areas of work during the coming period. The statement also said that the company is capable of enhancing its operations and financial and administrative performance in the future and maintaining its role in the insurance and investment sectors.
Source: Qatar News Agency