Amana accumulated losses reach 64% of capital

Riyadh-Mubasher: Amana Cooperative Insurance said its accumulated losses reached SAR 204.1 million until the end of November 2015, representing 63.77% of capital.

Net earnings before zakat amounted to SAR 7.1 million in November.

The insurance firm posted SAR 8.2 million in net losses before zakat for the 11-month period until 30 November, with the loss per share reaching SAR 0.26.

Mubasher Contribution Time: 10-Dec-2015 06:19 (GMT)