Riyadh – Mubasher: Al-Ahlia Cooperative Insurance reported net losses of SAR 259,000 ($69,000) in August to total SAR 13.55 ($3.6 million) in the first eight months of 2016, according to a bourse statement.
Accumulated losses stood at SAR 208.87 million by the end of August, accounting for 65.27% of the company's capital worth of SAR 320 million.
Net losses reached SAR 51,000 in July, amounting to SAR 13.3 million in the first seven months of 2016.
