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Salama Cooperative Insurance Company SJSC Company Snapshot
Salama Cooperative Insurance Company SJSC operates in the Fire, marine, and casualty insurance sector. In addition to historical fundamental analyses, the complete report available to purchase compares Salama Cooperative Insurance Company SJSC with three other companies in this sector in SAUDI ARABIA : Arabian Shield Cooperative Insurance Company SJSC (2019 sales of 491.16 million Saudi Arabian Riyals [US$130.98 million] of which 76% was Health), Allied Cooperative Insurance Group (482.34 million Saudi Arabian Riyals [US$128.63 million] of which 71% was Vehicles), and Wataniya Insurance Company SJSC (499.20 million Saudi Arabian Riyals [US$133.12 million] of which 75% was Motor).

Sales Analysis. Salama Cooperative Insurance Company SJSC reported sales of 522.12 million Saudi Arabian Riyals (US$139.23 million) for the year ending December of 2019. This represents a sharp decrease of 30.0% versus 2018, when the company's sales were 746.16 million Saudi Arabian Riyals. Contributing to the drop in overall sales was the 39.4% decline in Vehicles Insurance, from 643.53 million Saudi Arabian Riyals to 390.12 million Saudi Arabian Riyals. There were also decreases in sales in Property and Casualty (down 18.3% to 8.40 million Saudi Arabian Riyals) . However, these declines were partially offset by the increase in sales of Health and Medical Insurance (up 34.0% to 113.64 million Saudi Arabian Riyals) .
   
   
 
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Salama Cooperative Insurance Company SJSC
  Stock Performance Chart for Salama Cooperative Insurance Company SJSC
 
  Stock Data: Recent Stock Performance:
  Current Price (10/22/2020): 25.00
(Figures in Saudi Arabian Riyals)
1 Week -3.7%   13 Weeks 22.1%  
4 Weeks 77.1%   52 Weeks 105.9%  
 
Salama Cooperative Insurance Company SJSC Key Data:
  Ticker: 8050 Country: Saudi Arabia
  Exchanges: SAR Major Industry: Insurance
    Sub Industry: Fire, Marine, & Casualty Insurance
  2019 Sales 522,118,000
(Year Ending Jan 2020).
Employees: N/A
  Currency: Saudi Arabian Riyals Market Cap: 625,000,000
  Fiscal Yr Ends: December Shares Outstanding: 25,000,000
  Share Type: Ordinary Closely Held Shares: 3,000,000
 
 
 
 
 
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