Riyadh – Mubasher: Amana Cooperative Insurance achieved SAR 304,000 ($81,000) net profits before Zakat during August 2016.
Operating profits reached SAR 180,000 ($48,000), according to a bourse filing on Wednesday.
The company posted net profits before Zakat of SAR 1.7 million in the first eight months of 2016.
The accumulated losses reached SAR 209.97 million by the end of August, representing 65.62% of capital and totaling SAR 320 million.
