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BKIC posts lower full-2013, Q4 earnings

February 12, 2014 8:58 am

Bahrain Kuwait Insurance Co (BKIC) has announced its net profit for last year fell to BD3.7m ($9.8m) from BD4.2m in the previous year, Gulf Daily News has reported. Fourth-quarter net profit also dropped to BD861,000, compared with BD1.1m for the same quarter in 2012, on the back of decreased gross earnings from BD4m to BD3.5m, BKIC said.