Riyadh – Mubasher: Solidarity Saudi Takaful Company posted on Sunday a net profit of SAR 4.8 million ($1.28 million) for November and SAR 40.2 million for the January-November period.
Accumulated losses declined in the 11-month period to SAR 288.9 million; accounts for 51.91% of the capital.
Operating profits reached SAR 4.37 million in November and SAR 35.45 million in the 11-month period, according to a bourse filing.
The company earlier reported a net profit of SAR 8.42 million for October and SAR 35.45 million for the first 10 months of 2016.
