27 Apr 2021 - 10:08
The Peninsula
Qatar’s leading life and medical insurer, QLM Life & Medical Insurance Company QPSC, yesterday reported strong first quarter 2021 results.
Net profit for first quarter 2021 was QR25.1m or QR0.07 per share, compared with QR15m, or QR0.04 per share, for first quarter 2020, representing a robust growth of 67 percent.
“Today, Qatar, the MENA region and the rest of the world are continuing to face the COVID-19 health crisis, and QLM is aware of the many challenges that our clients, members, and communities are tackling.
QLM remains fully prepared to continue to meet the needs of our customers, members and partners during these challenging times,” said Sheikh Saoud bin Khalid bin Hamad Al Thani, Chairman of QLM.
Qatar- QLM posts robust 67% y-o-y jump in first-quarter net profit
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