UAE- ADNIC reports AED371 million in net profit for 2020
(MENAFN - Emirates News Agency (WAM)) ABU DHABI, 14th February, 2021 (WAM) -- Abu Dhabi National Insurance Company (ADNIC), said 2020's net profit increased by 30.5 % to AED371 million, compared to a net profit of AED 284.3 million for 2019 In a statement on its financial results for the full year ended 31 December 2020 today, Sheikh Mohamed Bin Saif Al-Nahyan, Chairman of ADNIC, said: "Against the uncertain backdrop of 2020, ADNIC demonstrated strong results with a full-year net profit of AED 371 million, a 30.5% increase compared to the previous year. ADNIC's technical abilities in prudent...
Source: menafn.com