Amana Cooperative Insurance Co. announces its Annual Financial Results for the Period Ending on 2019-12-31
| Element List | Current Year | Previous Year | %Change | ||
|---|---|---|---|---|---|
| Gross Written Premiums (GWP) | 248,054 | 137,446 | 80.473 | ||
| Net Written Premiums (NWP) | 231,570 | 91,129 | 154.112 | ||
| Net Incurred Claims | 150,827 | 28,588 | 427.588 | ||
| Net Profit (Loss) of Policy Holders Investment | 84 | - | - | ||
| Profit (Loss) Insurance Operations Minus Policy Holders Investments Revenues (Operations Results) | -33,815 | -21,900 | 54.406 | ||
| Net Profit (loss) of Shareholders Capital Investment | 7,795 | 4,413 | 76.637 | ||
| Net Profit (Loss) before Zakat | -27,706 | -20,217 | 37.043 | ||
| Total Comprehensive Income | -34,843 | -21,687 | 60.663 | ||
| Total Share Holders Equity (after Deducting Minority Equity) | 156,855 | 95,545 | 64.168 | ||
| Perpetrating Expenses (First Operation Year) | - | - | - | ||
| Profit (Loss) per Share | -1.62 | -1.26 | |||
| All figures are in (Thousands) Saudi Arabia, Riyals | |||||
| Element List | Explanation |
|---|---|
| Increase (Decrease) in Net Profit for Current Year Compared to Last Year is Attributed to | No English translation, kindly refer to the Arabic version |
| Basis of the External Auditor's Opinion | Unmodified opinion |
| Modification, Qualification or Emphasis of a Matter as Stated within the External Auditor Opinion | No English translation, kindly refer to the Arabic version |
| 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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