malath cooperative insurance co. announces the interim financial results for the period ending on 31-12-2017 (twelve months)


ELEMENTCURRENT QUARTERSIMILAR QUARTER FOR PREVIOUS YEAR% CHANGE CURRENTPREVIOUS QUARTER% CHANGE PREVIOUS
Net profit (loss) before Zakat4,030-24,746-11,101-63.7
Surplus (deficit) of insurance transactions less returns of policy holders investment (operating transactions results)-7,744-26,32070.5810,477-
Gross written premiums (GWP)73,220197,301-62.8962,10517.9
Net written premiums (NWP)67,029191,581-65.0155,15121.54
Net incurred claims148,311459,668-67.74167,638-11.53
Net profit (loss) of policy holders investment2,4745,665-56.331,81036.69
Net profit (loss) of shareholders capital investment615-1,633-89591.01
All figures are in (Thousands) Saudi Arabia, Riyals
ELEMENTCURRENT PERIODSIMILAR PERIOD FOR PREVIOUS YEAR% CHANGE
Net profit (loss) before Zakat29,028-150,174-
Surplus (deficit) of insurance transactions less returns of policy holders investment (operating transactions results)15,532-161,434-
Gross written premiums (GWP)726,9782,167,856-66.47
Net written premiums (NWP)670,9111,500,692-55.29
Net incurred claims704,4551,623,274-56.6
Net profit (loss) of policy holders investment6,95017,571-60.45
Net profit (loss) of shareholders capital investment-3611,670-
Earning or loss per share, Riyals0.58-7.81-
All figures are in (Thousands) Saudi Arabia, Riyals
ELEMENTEXPLAINATION
Reasons of increase (decrease) for the quarter compared with same quarter last yearNo translation see Arabic version
Reasons of increase (decrease) for the period compared with same period last yearNo translation see Arabic version
Reasons of increase (decrease) for the quarter compared with the previous quarterNo translation see Arabic version
Reclassifications in quarterly financial resultsNo translation see Arabic version
Other notesNo translation see Arabic version