Riyadh – Mubasher: Al Inma Tokio Marine Company’s accumulated losses retreated to 2.966% after capital cut to reach SAR 8.87 million, according to the company’s statement to the Saudi Stock Exchange (Tadawul) on Tuesday.

The Saudi-listed company noted that it will be no financial impact from the capital cut.

Al Inma Tokio’s net profits reached SAR 1.45 million in the first quarter of 2017, against losses amounting to SAR 7.42 million in in the same quarter in 2016.