Corrective announcement from Saudi Enaya Cooperative Insurance Co. regarding the interim financial results for the period ending on 31-03-2017 (Three Months)

 

Further to the announcement published on Tadawul website on 09-05-2017 related to Saudi Enaya Cooperative Insurance Co. announces the interim financial results for the period ending on 31-03-2017 (Three Months) where the announcement mentioned in the previous other note that 2.Total comprehensive losses after zakat for quarter 1 2017 is SAR 7,256K showing 4% of share capital, and total comprehensive losses for same period last year amounting to SAR 11,069K showing 6% of reduced share capital and for quarter 4 2016 amounting to SAR 4,881 showing 2% of share capital. 3.. Accumulated lossed as at 31 March, 2017 is SAR 35,509K showing 17.75% of share capital. while the correction is 2. Accumulated losses as at 31 March, 2017 is SAR 35,509K showing 17.75% of share capital.

3. Total comprehensive losses after zakat for current quarter is SAR 7,256K compared to SAR 11,069K for same quarter last year, an improvement of 34.44% and compared to SAR 4,881K in previous quarter, which represents an increase in losses by 48.65%.

 

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