Salama Cooperative Insurance Co (8050)

Saudi Arabia
16.80
+0.50(+3.07%)
  • Volume:
    1,562,884
  • Bid/Ask:
    16.78/16.80
  • Day's Range:
    16.30 - 17.76
Earnings results expected today

SALAMA will announce its quarterly financial results today. Traders should take this into account as the share price often fluctuates around this time period.

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8050 Overview

Prev. Close
16.3
Day's Range
16.3-17.76
Revenue
491.91M
Open
16.3
52 wk Range
12.38-47.55
EPS
-13.53
Volume
1,562,884
Market Cap
167.8M
Dividend (Yield)
N/A
(N/A)
Average Vol. (3m)
238,455
P/E Ratio
-1.25
Beta
1.04
1-Year Change
-64.26%
Shares Outstanding
10,000,000
Next Earnings Date
Feb 06, 2023
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Salama Cooperative Insurance Co News

Salama Cooperative Insurance Co Company Profile

Salama Cooperative Insurance Co Company Profile

Industry
Insurance
Employees
0

Salama Cooperative Insurance Co SJSC, formerly Saudi IAIC Cooperative Insurance Company (Salama), is a Saudi Arabia-based joint stock company engaged in the provision of cooperative insurance solutions in compliance with Islamic Sharia (Takaful) principles. The Company is organized into three business segments: The Medical segment provides compensation to holders for expenses incurred in treatment of a disease, illness or injury; the Motor segment provides coverage against losses and liability related to motor vehicles, and the Others segment includes property, marine, engineering, accident and liability and miscellaneous categories. Salama serves both individual and institutional customers through six direct Takaful companies in the United Arab Emirates, Saudi Arabia, Egypt, Senegal, Algeria and Jordan, in addition to Re-Takaful Company located in Tunis.

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Technical Summary

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