• Business
    Thu 06-08-2020 20:30 PM

    ADNIC reports AED189.7 million in H1 net profit

    ABU DHABI, 6th August, 2020 (WAM) -- Abu Dhabi National Insurance Company (ADNIC) reported net profit of AED189.7 million for the first half ended 30 June 2020 today. "Despite challenging market conditions, ADNIC delivered a resilient performance with sustained growth across key metrics and recorded a net profit of AED 189.7 million for the six-month period ended 30 June 2020, a 59.9% increase compared to the same period last year. ADNIC’s performance was driven by effective business continuity measures allied to a strong balance sheet...