Dubai-Mubasher: Orient Insurance Company posted a 0.27% net profit decline to AED 33.46 million in the fourth quarter of 2015, compared to AED 33.55 million in the same quarter of 2014, according to a bourse filing on Sunday.
The company’s profits grew 7.9% to AED 272.04 million in the fiscal year 2015, compared to AED 252.11 million in the fiscal year 2014.
The company’s board recommended a 20% cash dividend or 20 fils per share, totalling AED 100 million.
