Profits of Delta Insurance Company

2017 04,22

862,279  thousand dinars profits of Delta Insurance Company before tax and distribution of 8% cash dividend to shareholders

 

Amman - Delta Insurance Company held the ordinary general assembly meeting for the year 2016 on 22/4/2017 in order to consider the matters on the agenda of the meeting and discuss the financial statements of the company for the fiscal year 2016 and ratify them.

 

The meeting was chaired by Mr. Ghassan Nuqul, Chairman of the Board and attended by the General Manager of the Company, Mr. Zaki Norsi. The General Delegate was also attended by the Companies Controller, the Insurance Department and the external auditors of the Company, as well as seven Board members out of nine shareholders representing 92% of the Company's shares.

 

The General Assembly also decided to distribute a cash dividend of 8% of the company's capital, equivalent to 640,000 Jordanian Dinars.

 

The company has achieved in 2016 installments amounted to 14,130,552 JD and the total compensation paid 11,321,918 JD, and the value of the assets of the company 25,412,318 JD.

 

In conclusion, Mr. Ghassan thanked the attendees for their participation in this meeting and also thanked the director and staff of Delta Insurance for the achievements made by the company during 2016.