Saudi Indian Company for Cooperative Insurance (Wafa) said on Wednesday that its accumulated losses dropped to SAR 64.16, million or 64.16 percent of its capital, after the company reported a net profit of SAR 3.4 million for February.
At the end of January, the insurer said it had accumulated SAR 67.54 million in losses, representing 67.54 percent of capital.
|
Accumulated Losses |
|
|
Feb. 2015 |
Period |
|
100 |
Capital (SAR mln) |
|
(64.16) |
Accumulated losses (SAR mln) |
|
64.16% |
Accumulated losses % |
|
Company’s Profit (January-February) |
|
|
Feb. 2015 |
Period |
|
6.5 |
Net profit (SAR mln) |
|
10 |
Number of shares (mln) |
|
0.65 |
EPS (SAR) |
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