Tokio Marine accumulated losses hit 60.45% of capital

Riyadh-Mubasher: Alinma Tokio Marine said its accumulated losses reached SAR 120.9 million until the end of May 2015, representing 60.45% of capital.

The insurer posted SAR 3.6 million in net losses before zakah for May.

Net losses before zakah for the five-month period reached SAR 9.3 million.

The companies, whose accumulated losses reach or exceed 50% of capital, are requested to release their financials on a monthly basis.   

   

Mubasher Contribution Time: 10-Jun-2015 13:40 (GMT)