Amana Insurance’s accumulated losses up to 65% after October’s net loss

11/11/2014 Argaam

Amana Cooperative insurance Company reported a net loss of SAR 866,000 for the month of October making a net loss of SAR 88m for the first ten months of 2014.

 

Amana’s accumulated losses increased to SAR 208m or 65% of its capital after reporting October’s net loss.

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