Abay Insurance S.C., one of the private insurance companies in Ethiopia, disclosed it has made 44 million Birr profit during 2015/2016. The profit is 52 percent higher than the company’s profit during 2014/2015. Nonetheless, earnings per share has declined.
Source:: http://www.2merkato.com/news/alerts/4809-abay-insurance-made-44-million-birr