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3.1 Million Shekels of losses for the Mashriq Insurance Co. for this semi annual period

2007-08-07

3.1 Million Shekels of losses for the Mashriq Insurance Co. for this semi annual period

The Mashriq Insurance Co. revealed its semi annual financial statements for the year 2007 which indicated a net profit, before taxes, of 3.119.505 shekels. The companies assets amounted to 67.777.445 compared with 68.001.273 shekels for the end of 2006.Its liabilities amounted to 68.265.752 shekels compared to 64.314.470 shekels last year of 12-31-2006.There has been a deficit for the total rights for shareholders by 488.307 compared with last years 3.686.805 shekels.