Amana Cooperative Insurance Co announces the interim financial results for the period ending on 30-06-2017 (Six Months)
| Element | Current quarter | Similar quarter for previous year | % Change current | Previous quarter | % Change previous |
|---|---|---|---|---|---|
| Net profit (loss) before Zakat | -1,795 | -8,569 | 79.05 | -4,575 | 60.77 |
| Surplus (deficit) of insurance transactions less returns of policy holders investment (operating transactions results) | -2,053 | -9,090 | 77.41 | -4,740 | 56.69 |
| Gross written premiums (GWP) | 16,130 | 55,091 | -70.72 | 23,081 | -30.12 |
| Net written premiums (NWP) | 6,097 | 46,419 | -86.87 | 9,130 | -33.22 |
| Net incurred claims | 8,538 | 62,977 | -86.44 | 16,347 | -47.77 |
| Net profit (loss) of policy holders investment | 0 | 92 | - | 0 | - |
| Net profit (loss) of shareholders capital investment | 766 | 1,324 | -42.15 | 1,065 | -28.08 |
| All figures are in (Thousands) Saudi Arabia, Riyals | |||||
| Element | Current period | Similar period for previous year | % Change |
|---|---|---|---|
| Net profit (loss) before Zakat | -6,370 | -355 | -1,694.37 |
| Surplus (deficit) of insurance transactions less returns of policy holders investment (operating transactions results) | -6,793 | -2,390 | -184.23 |
| Gross written premiums (GWP) | 39,211 | 126,346 | -68.97 |
| Net written premiums (NWP) | 15,133 | 95,530 | -84.16 |
| Net incurred claims | 24,885 | 115,200 | -78.4 |
| Net profit (loss) of policy holders investment | 0 | 332 | - |
| Net profit (loss) of shareholders capital investment | 1,831 | 3,501 | -47.7 |
| Earning or loss per share, Riyals | -0.46 | -0.01 | - |
| All figures are in (Thousands) Saudi Arabia, Riyals | |||
| Element | EXPLAINATION |
|---|---|
| Reasons of increase (decrease) for the quarter compared with same quarter last year | No English translation available see Arabic version |
| Reasons of increase (decrease) for the period compared with same period last year | No English translation available see Arabic version |
| Reasons of increase (decrease) for the quarter compared with the previous quarter | No English translation available see Arabic version |
| Reclassifications in quarterly financial results | No English translation available see Arabic version |
| Other notes | No English translation available see Arabic version |
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