Mubasher TV
Contact Us Advertising   العربية

Malath Cooperative Insurance Co. announces the annual financial results for the period ending on 31-12-2017

MALATH INSURANCE 8020 1.97% 18.60 0.36
Element Current year Previous year % Change
Net profit (loss) before Zakat -11,028 -150,174 92.66
Earning or loss per share, Riyals -0.22 -7.81 -
Surplus (deficit) of insurance transactions less returns of policy holders investment (operating transactions results) -26,772 -161,434 83.42
Gross written premiums (GWP) 726,978 2,167,856 -66.47
Net written premiums (NWP) 670,911 1,500,692 -55.29
Net incurred claims 746,759 1,623,274 -54
Net profit (loss) of policy holders investment 6,950 17,571 -60.45
Net profit (loss) of shareholders capital investment -36 11,670 -
Pre operating expenses (first operation year) - - -
All figures are in (Thousands) Saudi Arabia, Riyals
Element EXPLAINATION
Reasons of annual financial results No translation, see arabic version
Reclassifications in annual financial results No translation, see arabic version
Other notes No translation, see arabic version

Comments