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

29 March 2018 05:25 AM

AMANA INSURANCE 8310 28.57% 13.50 3.00

Element	Current year	Previous year	% Change
Net profit (loss) before Zakat	753	11,721	-93.58
Earning or loss per share, Riyals	0.05	0.37	-
Surplus (deficit) of insurance transactions less returns of policy holders investment (operating transactions results)	-2,525	7,067	-
Gross written premiums (GWP)	71,967	169,866	-57.63
Net written premiums (NWP)	33,399	111,516	-70.05
Net incurred claims	30,087	157,986	-80.96
Net profit (loss) of policy holders investment	0	722	-
Net profit (loss) of shareholders capital investment	5,296	6,189	-14.43
Pre operating expenses (first operation year)	-	-	-
All figures are in (Thousands) Saudi Arabia, Riyals

Element	EXPLAINATION
Reasons of annual financial results	No translation please see Arabic version
External auditor's report containing reservation	No translation please see Arabic version
Reclassifications in annual financial results	No translation please see Arabic version
Other notes	No translation please see Arabic version

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