Dyoll Group Ltd. (DYOL) – 1st Quarter Results Released

The first quarter of 1998 saw Dyoll Group making a number of positive steps. Harry S. Abrikian was appointed Group CEO and a strategic review by KPMG Peat Marwick, outside consultant, was completed. During the period, the Dyoll Group recorded profit after taxation of $10,718,701. The operating loss for the Group was $24,718, 701 mainly attributable to losses in the life insurance company.