Salama Cooperative insurance Company reported a net profit of SAR 71,000 for the month of November making a net profit of SAR 5.24m in the first eleven months of 2014.
|
Net profits until November 2014 |
|
|
November 2014 |
Period |
|
5.24 |
Net profits before Zakat (SAR mn) |
|
10 |
Number of shares (mn) |
|
0.52 |
EPS(SAR) |
|
Insurance operations until November 2014 |
|
|
November 2014 |
Period |
|
296.8 |
Gross Written premiums (SAR mn) |
|
277.0 |
Net written premiums (SAR mn) |
|
189.3 |
Net incurred claims(SAR mn) |
Salama’s accumulated losses declined to SAR 70.61m or 70.61% of its capital after reporting November’s net profit
|
Accumulated losses |
|
|
November 2014 |
Period |
|
100 |
Capital (SAR mn) |
|
70.61 |
Accumulated losses(SAR mn) |
|
70.61% |
Accumulated losses % of the capital |
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