Correction announcement from Saudi Indian Company for Cooperative Insurance in regards to publishing its annual financial results for the Period Ending on 31-12-2019
| Element List | Explanation |
|---|---|
| Date of Publishing the Previous Announcement Sought to be Corrected on Tadawul's Website | 2021-04-22 Corresponding to 1442-09-10 |
| URL of the Previous Announcement | Click Here |
| Incorrect statements in the previous announcement | Level of rounding for all figures are in (Thousands) Saudi Arabia, Riyals.
Correction of Net Written Premium (NWP) and Net Profit (Loss) of shareholders capital investment figures. |
| Correct Statement | Saudi Indian Company for Cooperative Insurance (Wafa Insurance) announces that with reference to the announcement published on (Tadawul) on 22-04-2021 regarding its annual financial results for the period ending on 31-12-2019, the Company announces that the level of rounding for all figures are in (Millions) Saudi Arabia, Riyals.
Therefore, the figures in the schedule with Net Written Premiums (NWP) - Current Year is -0.127 instead of -127 and Net Profit (loss) of Shareholders Capital Investment - Previous Year is 0.083 instead of 83 in earlier announcement respectively. |
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