Alinma Tokyo Marine’s accumulated losses up to 54.3% after November’s net loss

09/12/2014 Argaam

Alinma Tokyo Marine Company reported a net loss of SAR 4.4m for the month of November making a net loss of SAR 26.1m for the first eleven months of 2014.

 

Accumulated losses until November 2014

November 2014

Period

( 26.1 )

Net losses before Zakat (SAR mn)

20

Number of shares (mn)

(1.31)

EPS(SAR)

 

Insurance operations until November 2014

November 2014

Period

85.8

Gross Written premium (SAR mn)

29.5

Net written premium (SAR mn)

30.1

Net incurred claims(SAR mn)

 

Alinma Tokyo’s accumulated losses increased to SAR 108.6m or 54.3% of its capital after reporting November’s net loss.

 

Accumulated losses

November 2014

Period

200

Capital (SAR mn)

108.6

Accumulated losses(SAR mn)

54.3%

Accumulated losses % of the capital

 

 

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