Malath Cooperative Insurance Co. announces the interim financial results for the period ending on 31-03-2018

10 May 2018 03:11 PM

MALATH INSURANCE 8020 14.04% 20.80 2.56

Element	Current quarter	Similar quarter for previous year	% Change current	Previous quarter	% Change previous
Net profit (loss) before Zakat	10,021	8,861	13.09	4,030	148.66
Surplus (deficit) of insurance transactions less returns of policy holders investment (operating transactions results)	7,293	8,870	-17.78	-7,744	-
Gross written premiums (GWP)	372,440	447,762	-16.82	73,220	408.66
Net written premiums (NWP)	335,331	413,065	-18.82	62,494	436.58
Net incurred claims	90,304	200,047	-54.86	148,311	-39.11
Net profit (loss) of policy holders investment	1,745	1,584	10.16	2,474	-29.47
Net profit (loss) of shareholders capital investment	2,181	-77	-	615	254.63
Earning or loss per share, Riyals	0.2	0.74	-	-	-
All figures are in (Thousands) Saudi Arabia, Riyals

Element	EXPLAINATION
Reasons of increase (decrease) for the quarter compared with same quarter last year	No translation , see Arabic version
Reasons of increase (decrease) for the quarter compared with the previous quarter	No translation , see Arabic version
Other notes	No translation , see Arabic version

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