Malath accumulated loss down to 19.64%

15/05/2025 Argaam
Logo ofMalath Cooperative Insurance Co.

Logo of Malath Cooperative Insurance Co.

Malath Cooperative Insurance Co.’s accumulated loss decreased to 19.64% of capital by the end of Q1 2025, according to a statement to Tadawul.

 

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The accumulated loss currently stand at SAR 98.2 million.

 

The reduction followed an increase in revenue and improved operating performance over the previous quarters. The insurer also continues to work on enhancing operating efficiency and profitability.

 

To review the external auditor’s report, including the company’s statement of financial position as of March 31, 2025, please refer to the attached document here

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