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Salama Cooperative Insurance Co. announces its Interim Financial Results for the Period Ending on 2019-09-30 ( Nine Months )

SALAMA 8050 0.87% 34.60 0.30
Element List Current Quarter Similar quarter for previous year %Change Previous Quarter % Change
Gross Written Premiums (GWP) 95,155 152,999 -37.806 137,443 -30.767
Net Written Premiums (NWP) 82,343 144,631 -43.066 124,903 -34.074
Net Incurred Claims 88,658 146,220 -39.366 109,076 -18.719
Net Profit (Loss) of Policy Holders Investment 1,209 831 45.487 -2,293 -
Profit (Loss) Insurance Operations Minus Policy Holders Investments Revenues (Operations Results) -14,266 7,586 - -34,234 -58.327
Net Profit (loss) of Shareholders Capital Investment -905 948 - 1,205 -
Net Profit (Loss) before Zakat -14,313 5,827 - -35,379 -59.543
Total Comprehensive Income -15,813 4,327 - -36,879 -57.121
All figures are in (Thousands) Saudi Arabia, Riyals
Element List Current Period Similar period for previous year %Change
Gross Written Premiums (GWP) 383,562 623,501 -38.482
Net Written Premiums (NWP) 338,521 592,829 -42.897
Net Incurred Claims 347,265 421,685 -17.648
Net Profit (Loss) of Policy Holders Investment 1,448 3,556 -59.28
Profit (Loss) Insurance Operations Minus Policy Holders Investments Revenues (Operations Results) -71,935 18,076 -
Net Profit (loss) of Shareholders Capital Investment 7,077 5,865 20.664
Net Profit (Loss) before Zakat -64,271 22,146 -
Total Comprehensive Income -68,771 17,646 -
Total Share Holders Equity (after Deducting Minority Equity) 193,940 270,014 -28.174
Profit (Loss) per Share -2.75 0.71
All figures are in (Thousands) Saudi Arabia, Riyals
Accumulated Losses Capital Percentage %
61,063 250,000 24
All figures are in (Thousands) Saudi Arabia, Riyals
Element List Explanation
Increase (Decrease) in Net Profit for Current Quarter Compared to the Same Quarter of the Previous Year is Attributed to No English translation, kindly refer to the Arabic version
Increase (Decrease) in Net Profit for Current Quarter Compared to the Previous Quarter is Attributed to No English translation, kindly refer to the Arabic version
Increase (Decrease) in Net Profit for Current Period Compared to the Same Period of the Previous Year is Attributed to No English translation, kindly refer to the Arabic version
Basis of the External Auditor's Opinion Unmodified opinion
Reclassification of Comparison Items No English translation, kindly refer to the Arabic version
Additional Information No English translation, kindly refer to the Arabic version

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