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Solidarity Saudi Takaful Company Snapshot
Solidarity Saudi Takaful operates in the Fire, marine, and casualty insurance sector. In addition to historical fundamental analyses, the complete report available to purchase compares Solidarity Saudi Takaful with three other companies in this sector in Saudi Arabia: Sabb Takaful (2016 sales of 175.24 million Saudi Riyals [US$46.73 million] ), Al Alamiya For Cooperative Insurance Company (233.50 million Saudi Riyals [US$62.27 million] of which 53% was Motor), and MetLife AIG ANB for Cooperative Insurance (163.60 million Saudi Riyals [US$43.63 million] of which 78% was Health Insurance).

Sales Analysis. Solidarity Saudi Takaful reported sales of 232.01 million Saudi Riyals (US$61.87 million) for the year ending December of 2016. This represents an increase of 8.7% versus 2015, when the company's sales were 213.45 million Saudi Riyals. Sales at Solidarity Saudi Takaful have increased during each of the previous five years (and since 2011, sales have increased a total of 7,431%). Sales of Engineering saw an increase that was more than double the company's growth rate: sales were up 135.7% in 2016, from 768,646.00 Saudi Riyals to 1.81 million Saudi Riyals. Solidarity Saudi Takaful also saw significant increases in sales in Health Insurance (up 125.9% to 134.86 million Saudi Riyals) and General (up 12.1% to 2.82 million Saudi Riyals) and Group (up 12.8% to 17.54 million Saudi Riyals) . Not all segments of Solidarity Saudi Takaful experienced an increase in sales in 2016: sales of Vehicles fell 47.0% to 66.45 million Saudi Riyals. Solidarity Saudi Takaful also experienced decreases in sales in Fire and Property (down 30.2% to 662,707.00 Saudi Riyals) and Other (down 16.4% to 404,348.00 Saudi Riyals) .
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Solidarity Saudi Takaful
  Stock Performance Chart for Solidarity Saudi Takaful
  Stock Data: Recent Stock Performance:
  Current Price (1/11/2018): 20.88
(Figures in Saudi Riyals)
1 Week 1.7%   13 Weeks -2.2%  
4 Weeks 10.1%   52 Weeks 12.0%  
Solidarity Saudi Takaful Key Data:
  Ticker: 8290 Country: Saudi Arabia
  Exchanges: Major Industry: Insurance
    Sub Industry: Fire, Marine, & Casualty Insurance
  2016 Sales 232,008,620
(Year Ending Jan 2017).
Employees: N/A
  Currency: Saudi Riyals Market Cap: 522,000,000
  Fiscal Yr Ends: December Shares Outstanding: 25,000,000
  Share Type: Ordinary Closely Held Shares: 6,875,000
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