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MIC posts net income of $0.32 million in 9M 2025

2025-11-16

According to the financial statements for Al-Mashriq Insurance Company MIC of 30/09/2025 Net profit after tax reached 322,513 USD, compared with Net profit after tax of 383,884 USD of year 2024 a net decrease of 15.99% . Total assets reached 50,084,749 USD, compared with Total assets of 47,472,011 USD at the end of year 2024 a net increase of 5.5%. Total Liabilities reached 27,266,812 USD, compared with Total Liabilities of 26,377,067 USD at the end of year 2024 a net increase of 3.37%. Total Owners' Equity reached 22,817,937 USD Including Non-Controlling Interests of 4,877,902 USD, compared with Total Owners' Equity of 21,094,944 USD Including Non-Controlling Interests of 4,805,376 USD at the end of year 2024 a net increase of 8.17%. Noting that paid-in capital increased from 9,000,000 USD in year 2024 to 10,500,000 USD of this year, a net increase of 16.67%