CAAR is expecting a 5% increase in its 2018 turnover
The Compagnie Algérienne d’Assurance et de Réassurance (CAAR) is expecting a 2018 profit up by 5% compared to that of 2017 which amounted to 850 million DZD (8.4 million USD). Turnover is also estimated upwards by 4 to 5% for the current year.
These two indicators are in line with the new 2017-2021strategic development plan. The latter's objective is to strengthen the position of the company whose production slowed down during the last years.
In 2017, CAAR achieved a turnover of 15 154 million DZD (130.7 million USD), an increase of 0.47% compared to 15 082 million DZD (136 million DZD) recorded in 2016.
Read also:
0
Your rating: None
Wed, 19/12/2018 - 15:43
The online magazine
Live coverage
17:25
14:13
11:55
09:39
04/23
Latest news