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Malath Cooperative Insurance Co. announces its interim Financial results for the period ending on 2018-09-30 ( Nine Months )

MALATH INSURANCE 8020 14.04% 20.80 2.56

Element List Current Quarter Similar quarter for previous year %Change Previous Quarter % Change
Gross written premiums (GWP) 150,371 62,105 142.123 130,291 15.411
Net written premiums (NWP) 138,674 54,588 154.037 99,843 38.892
Net incurred claims 104,206 167,638 -37.838 96,126 8.405
Net profit (loss) of policy holders investment 2,570 1,810 41.988 1,840 39.673
Profit (Loss) Insurance Operations minus policy holders investments from operations 6,283 10,477 -40.03 6,409 -1.965
Net profit (loss) of shareholders capital investment 2,456 89 2,659.55 -102 -
Net Profit (Loss) before Zakat 10,023 11,101 -9.71 5,293 89.363
Total Comprehensive Income 10,596 11,101 -4.549 5,151 105.707
All figures are in (Thousands) Saudi Arabia, Riyals
Element List Current Period Similar period for previous year %Change
Gross written premiums (GWP) 653,102 653,758 -0.1
Net written premiums (NWP) 573,848 588,672 -2.518
Net incurred claims 290,635 556,143 -47.74
Net profit (loss) of policy holders investment 6,155 4,476 37.511
Profit (Loss) Insurance Operations minus policy holders investments from operations 19,987 23,277 -14.134
Net profit (loss) of shareholders capital investment 4,535 -650 -
Net Profit (Loss) before Zakat 25,339 24,998 1.364
Total Comprehensive Income 25,912 24,344 6.441
Total Share Holders Equity (after deducting minority equity) 471,185 452,023 4.239
Profit (Loss) per Share 0.51 1.3
All figures are in (Thousands) Saudi Arabia, Riyals
Accumulated Losses Capital Percentage %
-31,519 500,000 6.304
Element List Explanation
Reason for increase (decrease) in net profit for current quarter compared to the same quarter of the previous year No English translation, kindly refer to the Arabic version
Reason for increase (decrease) in net profit for current quarter compared to the previous quarter No English translation, kindly refer to the Arabic version
Reason for increase (decrease) in net profit for current period compared to the previous year similar period No English translation, kindly refer to the Arabic version
Type of the external auditor's opinion Unmodified opinion
Reclassifications in quarter financial result No English translation, kindly refer to the Arabic version
Additional Information No English translation, kindly refer to the Arabic version

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