Review of the 2018 Financial Performance
Al Ahlia posted a strong financial performance for the year ending 31st December 2018 with a continued focus on profitability, operational efficiency and best-in-class customer service.
The Gross Written Premium stood at OMR 26.03 million with a Net Written Premium of OMR 22.4 million, The Gross Written Premium registered a growth of 2 % compared to the previous financial year. The profit after tax (PAT) rose 6.5% to OMR 3.93 million from OMR 3.69 million. The Company also reduced total operating costs, including expenses, by 2% to OMR 19.5 million. Earnings per share rose from 37 baizas to 39 baizas.