AnnouncementDetails

Actions

Salama Cooperative Insurance Co. Announces the Decrease of its Accumulated Losses to 19.59 % of the Capital

Element ListExplanation
Introduction Salama Cooperative Insurance Company announce to shareholders that the accumulated losses has been decrease in 30 June 2020.
Date of accumulated losses decrease 2020-06-30 Corresponding to 1441-11-09
Amount of the Accumulated Losses -48984
Measures Taken by the Company to Decrease Accumulated Losses The company achieved net income attributable to shareholders' equity for the first six months of the year 2020 3,423 thousand Saudi riyals, which led to a decrease in accumulated losses by 6.5% compared to accumulated loss in December 31, 2019
Auditor's Report showing the Financial Position of the Company after the Decrease of the Accumulated Losses

The Capital Market Authority and the Saudi Stock Exchange take no responsibility for the contents of this disclosure, make no representations as to its accuracy or completeness, and expressly disclaim any liability whatsoever for any loss arising from, or incurred in reliance upon, any part of this disclosure, and the issuer accepts full responsibility for the accuracy of the information contained in it and confirms, having made all reasonable enquiries, that to the best of their knowledge and belief, there are no other facts or information the omission of which would make the disclosure misleading, incomplete or inaccurate.

Company Profile

Actions

Company Profile

Summary

Last Price Net Change
22.0 -0.5 (-2.22%)
Value Traded (SAR) Volume Traded
99,146,415.22 4,502,938

RelatedAnnouncementPortlet

Actions

Related Announcements