Tawuniya shares hit 2-year low

Logo of Tawuniya

Shares of The Company for Cooperative Insurance (Tawuniya) dropped 5% to close at SAR 64.20, their lowest level since May 2020.

A total of 263,000 shares were traded.

The company announced today, May 16, its Q1 2022 financials, which reflected a decline of 66% year-on-year (YoY) to SAR 20 million from SAR 59.1 million.

Tawuniya was established in 1986 and listed on Tadawul in March 2005.

The firm specializes in cooperative insurance business, including reinsurance and agencies. It provides a full range of insurance services, including those related to vehicles, fires, property and various accidents. In addition, it covers marine, medical, engineering, aviation and energy sectors.

Tawuniya Share Performance
Annual High (SAR)	99.80	Aug. 9, 2021
Annual Low (SAR)	64.20	Today, May 16
Historical High (SAR)	106.00	Oct. 8, 2017
Historical Low (SAR)	9.90	Nov. 24, 2008
Highest Traded Volume (mln shares)	29.72	June. 1, 2005

Key Financial Indicators
EPS (Last 12 Months) (SAR)	1.82
P/E (Last 12 Months) (x)	35.27
Book Value (SAR)	23.38
P/B Ratio (x)	2.75

The company increased its capital three times, through bonus share distribution, to reach SAR 1.250 billion, as follows:

	Capital Amendments (SAR mln)
Year		Method of Increase	Old Capital	New Capital	Change
2017		Bonus Share Distribution	1,000	1,250	25%
2013		Bonus Share Distribution	750	1,000	33%
2011		Bonus Share Distribution	500	750	50%

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