Salama Cooperative Insurance Company said on Wednesday that its accumulated losses dropped to SAR 72.77 million or 72.8 percent of its capital, after it reported a net profit of SAR 279,000 for February.
At the end of January, the insurer said it had accumulated SAR 73.53 million in losses, representing 73.5 percent of its capital.
|
Accumulated Losses |
|
|
Feb. 2015 |
Period |
|
100 |
Capital (SAR mln) |
|
(72.77) |
Accumulated losses (SAR mln) |
|
72.8% |
Accumulated losses % |
|
Company’s Profit (January-February) |
|
|
2015 |
Period |
|
449 |
Net profit (SAR mln) |
|
10 |
Number of shares (mln) |
|
0.04 |
EPS (SAR) |
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