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Salama Cooperative Insurance Co. Announces the Decrease of its Accumulated Losses to 19.59 % of the Capital

SALAMA 8050 -1.29% 34.30 -0.45
Element List Explanation
Introduction Salama Cooperative Insurance Company announce to shareholders that the accumulated losses has been decrease in 30 June 2020.
Date of accumulated losses decrease 2020-06-30 Corresponding to 1441-11-09
Amount of the Accumulated Losses -48984
Measures Taken by the Company to Decrease Accumulated Losses The company achieved net income attributable to shareholders' equity for the first six months of the year 2020 3,423 thousand Saudi riyals, which led to a decrease in accumulated losses by 6.5% compared to accumulated loss in December 31, 2019
Auditor's Report showing the Financial Position of the Company after the Decrease of the Accumulated Losses

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