Gulf General Cooperative Insurance Company Reports Earnings Results for the Fourth Quarter and Year Ended December 31, 2015
For the year, the company reported net loss before zakat was SAR 27.4 million, or SAR 1.6 loss per share, compared to a net profit before zakat of SAR 27.92 million, or SAR 1.13 per share, for the year ended December 31, 2014. Net written premiums were SAR 171.27 million, compared to SAR 185.65 million for the year ended December 31, 2014.