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Malath Cooperative Insurance Co.

Companies with accumulated losses of 20% to less than 35% of its capital'

8020
MALATH INSURANCE
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  • Main Market
  • Insurance

Stats Overview

  • Prev. Close 18.34
  • Open 18.40
  • High 18.50
  • Low 18.16
  • No. of Trades 535
  • Avg. Trade size* 405
  • Volume Traded 216,631
  • Value Traded (SAR) 3,962,174.24

Performance

MALATH INSURANCE
0.02 ( 0.11% )
Compare
Name Price Change %
Malath Cooperative Insurance Co. 18.40 0.11%
Note: Prices are delayed minimum 5 minutes
  • *Average Trade Size = Cumulative / # of Trades
  • **52 Week Price Change =   (Current Price - Price year ago) / Price year ago x 100
  • Historical prices & volume traded data are adjusted to account for all corporate actions.
  • MO: Market Order

Trade Updates

Last Trade

Price
18.36
% Change
0.11
Volume Traded
50

Best Bid

Price 18.36
Volume 2,508

Best Offer

Price 18.42
Volume 3,500

52 WEEK

High
26.35
2023/07/25
Low
15.24
2023/11/26
Change**
0.99

PERFORMANCE

Start of Year
17.6
Year ago
18.18
3 Years ago
28.3

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  • Announcements & Corporate Actions
  • Dividends
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Announcements

  • Malath Cooperative Insurance Co. announces its Interim Financial Results for the period ending on 2024-03-31 ( Three Months )

    8020
    MALATH INSURANCE 0.11 %
    1445/11/07     15/05/2024 08:00:46
  • Malath Cooperative Insurance Company announces the results of the Ordinary General Assembly Meeting (Second Meeting )

    8020
    MALATH INSURANCE 0.11 %
    1445/10/28     07/05/2024 08:04:01
  • Malath Cooperative Insurance Co. Board invites its shareholders to attend the Ordinary General Assembly Meeting the ( First Meeting )

    8020
    MALATH INSURANCE 0.11 %
    1445/10/06     15/04/2024 15:34:02
  • Malath Cooperative Insurance Co. announces its Annual Financial Results for the Period Ending on 2023-12-31

    8020
    MALATH INSURANCE 0.11 %
    1445/09/11     21/03/2024 08:09:26
  • Malath Cooperative Insurance Co Announces obtaining the approval of the Council of Cooperative Health Insurance to renew the qualify of the company

    8020
    MALATH INSURANCE 0.11 %
    1445/08/16     26/02/2024 16:08:18
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Corporate Actions

Upcoming Events

    Past Events

      Jump To :
      • Announcements & Corporate Actions
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      • Shareholding
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      Dividends

      Announced Date Eligibility Date Distribution Date Distribution Way Dividend Amount

      CompanyProfilev2Financials

      Actions
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      Financials

      • FINANCIAL INFORMATION
      • FINANCIAL STATEMENTS AND REPORTS
      • Annually
      • Quarterly
      Balance Sheet 2023-12-31
      Total Assets
      924,140
      - - -
      Total Liabilities
      534,050
      - - -
      Total Shareholders Equity (After Deducting the Minority Equity)
      390,090
      - - -
      Total Liabilities and Shareholders Equity
      924,140
      - - -
      Statement of Income 2023-12-31
      Total Revenue (Sales/Operating)
      934,712
      - - -
      Net Profit (Loss) before Zakat and Tax
      47,188
      - - -
      Zakat and Income Tax
      -9,000
      - - -
      Net Profit (Loss) after Zakat and Tax
      38,188
      - - -
      Total Comprehensive Income
      36,075
      - - -
      Profit (Loss) per Share
      0.76
      - - -
      Cash Flow 2023-12-31
      Net Cash From Operating Activities
      -110,312
      - - -
      Net Cash From Investing Activities
      -115,466
      - - -
      Net Cash From Financing Activities
      -182
      - - -
      Cash and Cash Equivalents, Beginning of the Period
      336,530
      - - -
      Cash and Cash Equivalents, End of the Period
      110,571
      - - -
      All Figures in Thousands
      All Currency In SAR
      Last Update Date 2024-04-03

      The Capital Market Authority and Saudi Exchange take no responsibility for the contents of this disclosure, make no representations as to its accuracy or completeness, and expressly disclaim any liability whatsoever for any loss arising from, or incurred in reliance upon, any part of this disclosure, and the issuer accepts full responsibility for the accuracy of the information contained in it and confirms, having made all reasonable enquiries, that to the best of their knowledge and belief, there are no other facts or information the omission of which would make the disclosure misleading, incomplete or inaccurate. The above information does not replace detailed financial statements, as detailed financial statements are the reliable source that must be consulted to obtain accurate financial information.

      Balance Sheet 2024-03-31 2023-09-30 2023-06-30 2023-03-31
      Total Assets
      939,668
      923,925
      997,348
      1,008,792
      Total Liabilities
      536,202
      540,985
      591,874
      611,757
      Total Shareholders Equity (After Deducting the Minority Equity)
      403,466
      382,940
      405,474
      397,035
      Total Liabilities and Shareholders Equity
      939,668
      923,925
      997,348
      1,008,792
      Statement of Income 2024-03-31 2023-09-30 2023-06-30 2023-03-31
      Total Revenue (Sales/Operating)
      205,764
      227,396
      245,218
      239,645
      Net Profit (Loss) before Zakat and Tax
      13,818
      -20,688
      10,443
      46,385
      Zakat and Income Tax
      -2,376
      -2,250
      -2,250
      -2,250
      Net Profit (Loss) after Zakat and Tax
      11,442
      -22,938
      8,193
      44,135
      Total Comprehensive Income
      13,376
      -22,534
      8,439
      44,425
      Profit (Loss) per Share
      0.23
      -0.46
      0.16
      0.88
      Cash Flow 2024-03-31 2023-09-30 2023-06-30 2023-03-31
      Net Cash From Operating Activities
      14,372
      -69,619
      -48,477
      -56,800
      Net Cash From Investing Activities
      -30,997
      -129,185
      -179,512
      -191,686
      Net Cash From Financing Activities
      -625
      - - -
      Cash and Cash Equivalents, Beginning of the Period
      110,571
      338,139
      338,139
      338,139
      Cash and Cash Equivalents, End of the Period
      93,321
      139,335
      110,150
      89,653
      All Figures in Thousands Thousands Thousands Thousands
      All Currency In SAR SAR SAR SAR
      Last Update Date 2024-05-23 2023-11-27 2023-11-27 2023-11-27

      The Capital Market Authority and Saudi Exchange take no responsibility for the contents of this disclosure, make no representations as to its accuracy or completeness, and expressly disclaim any liability whatsoever for any loss arising from, or incurred in reliance upon, any part of this disclosure, and the issuer accepts full responsibility for the accuracy of the information contained in it and confirms, having made all reasonable enquiries, that to the best of their knowledge and belief, there are no other facts or information the omission of which would make the disclosure misleading, incomplete or inaccurate. The above information does not replace detailed financial statements, as detailed financial statements are the reliable source that must be consulted to obtain accurate financial information.

      Display Previous Periods
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      • Announcements & Corporate Actions
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      Shareholding Information

      • Board Of Directors
      • Foreign Ownership
      • Substantial Shareholders
      Time Period
      -
      Search
      Trading Date Shareholders Designation Shares Held Trading Day Shares Held Prev Trading Day Change
      2024-05-29 بدر علي محمد العلي Chairman 0.0000400% 0.0000400% 0
      2024-05-29 ممدوح سعود بن دخيل الشرهان Board of Directors 0.0001960% 0.0001960% 0
      2024-05-29 ياسر رشيد حمد الرشيد Board of Directors 0.0020000% 0.0020000% 0
      2024-05-29 عمرو عبدالرزاق حسن الجندي النمري Board of Directors 0.0020000% 0.0020000% 0
      2024-05-29 فواز عبدالرحمن سلمان الحجى Senior Executives 0.0090000% 0.0090000% 0
      2024-05-29 عمرو عبدالله محمد بن شلهوب Board of Directors 0.0002000% 0.0002000% 0
      2024-05-29 عبدالحميد عبدالعزيز محمد العوهلي Board of Directors 0.1370000% 0.1370000% 0
      2024-05-29 فواز عبدالرحمن سلمان الحجى Board of Directors 0.0090000% 0.0090000% 0
      2024-05-29 محمد علي حميدان العماري Board of Directors 0.0285500% 0.0285500% 0
      2024-05-29 محمد عبدالله محمد الجمعه Board of Directors 0.0000020% 0.0000020% 0
      • The listed company (Publisher) shall be responsible for the accuracy of the published information pertaining to the ownership of the Board of Directors, Chief Executive Officer or highest executive position, and the Chief Financial Officer. The listed company shall also be responsible for updating these information thereof. Therefore, the Saudi Stock Exchange (Tadawul) shall not be liable for the information contained therein, nor for any consequences that may result from the said information.
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      Malath Cooperative Insurance Co.
      Price 18.36
      Market Cap (SAR MN) 918
      P/E Ratio 91.8
      Index Name Index Level 1D Return
      Malath Cooperative Insurance Co. %
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      Company Profile

      Company overview

      Malath Cooperative Insurance and Reinsurance Company provides wide range of general insurance products in various classes that include Aviation, Energy, Engineering, Marine (Cargo & Hull), Miscellaneous and Motor. In addition, Malath provides Healthcare Insurance for groups and individuals. The Company transacts its operations in accordance with Cooperative executive insurance regulations in Saudi Arabia.

      Company History

      Malath is a new cooperative insurance company in Saudi Arabia, founded by Saudi investors in 2004. Malath is capitalized at SAR 300 Million with prime focus on setting new benchmarks of excellence in customer service in the new emerging and regulating environment resulting from implementation of Cooperative Insurance Companies Law. Malath offered 47.48% of its capital for Initial Public Offering

      Company Bylaws

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      Equity Profile

      • Authorized Capital (SAR) 500,000,000
      • Issued Shares 50,000,000
      • Paid Capital (SAR) 500,000,000
      • Par Value/Share 10
      • Paid Up Value/Share 10

      Last Update :2017-10-01

      Investment limits

      There are no investment limits on the company's shares as per the amended Rules for Qualified Foreign Financial Institutions Investment in Listed Securities and Instructions for the Foreign Strategic Investors Ownership in Listed Companies based on company's bylaw and the issued instructions by the related regulators and supervisory authorities.

       

      • Company Details
      • BOARD OF DIRECTORS AND SENIOR EXECUTIVES INFORMATION
      • Date Established

        2007/04/09

      • Financial Year End

        31/12

      • Listing Date

        2007/05/05

      • External Auditors

        [Ibrahim Ahmed Albassam & Co, Dr. Mohammed Al-Amri & Co]

      • ISIN CODE

        SA000A0MJ2J4

      • Number of Employees

        331

      • Chairman

        Bader Ali Alali
        Independent

        Bader Ali Alali
        • BD Session Start
          2022-04-21
          Designation
          Chairman
        • BD Session End
          2025-04-05
          Classification
          Independent
        • Qualification
          master bushiness ademnistration
      • Board of Directors

        Mohammed Ali Alammari Deputy Chairman - Non Executive

        Mohammed Ali Alammari
        • BD Session Start
          2022-04-21
          Designation
          Board of Directors
        • BD Session End
          2025-04-05
          Classification
          Deputy Chairman - Non Executive
        • Qualification
          bachelor physics and mathematics

        Fawaz Abdul Rahman Al-Hijji Executive

        Fawaz Abdul Rahman Al-Hijji
        • BD Session Start
          2022-04-21
          Designation
          Board of Directors
        • BD Session End
          2025-04-05
          Classification
          Executive
        • Qualification
          master in managment

        mamdouh saud al sharhan Independent

        mamdouh saud al sharhan
        • BD Session Start
          2022-04-21
          Designation
          Board of Directors
        • BD Session End
          2025-04-05
          Classification
          Independent
        • Qualification
          master financial and economic

        Amr Abdullah bin Shalhoob Independent

        Amr Abdullah bin Shalhoob
        • BD Session Start
          2022-04-21
          Designation
          Board of Directors
        • BD Session End
          2025-04-05
          Classification
          Independent
        • Qualification
          bachelor degree in business and administration

        Amr Abdel-Razzaq Al-Nimri Independent

        Amr Abdel-Razzaq Al-Nimri
        • BD Session Start
          2022-04-21
          Designation
          Board of Directors
        • BD Session End
          2025-04-05
          Classification
          Independent
        • Qualification
          bachelor degree in accountant

        Yasser Rashid Al-Rasheed Independent

        Yasser Rashid Al-Rasheed
        • BD Session Start
          2022-04-21
          Designation
          Board of Directors
        • BD Session End
          2025-04-05
          Classification
          Independent
        • Qualification
          master in business and administration

        bdul Hamid Abdulaziz Al-Ohali Independent

        bdul Hamid Abdulaziz Al-Ohali
        • BD Session Start
          2022-04-21
          Designation
          Board of Directors
        • BD Session End
          2025-04-05
          Classification
          Independent
        • Qualification
          bachelor degree in Marketing

        Mohammad Abdullah Al-Jumah Independent

        Mohammad Abdullah Al-Jumah
        • BD Session Start
          2022-04-21
          Designation
          Board of Directors
        • BD Session End
          2025-04-05
          Classification
          Independent
        • Qualification
          master in Law
      • Senior Executives

        Fawaz Abdul Rahman Al-Hijji CEO

      Fawaz Abdul Rahman Al-Hijji
      • BD Session Start
        2018-01-01
        Designation
        Senior Executives
      • BD Session End
        -
        Classification
        CEO

      Investor Relations

      Contact Name:

      Investor Relations

      Company Address:

      P.O. Mohammed Bin Abdulazi street , Box 99763 Riyadh 11625 KSA

      Contact Details:

      Telephone: 0114168222 Ext:1213
      Fax : 0114168333
      Email : investor.relation@malath.com.sa

      Company Website:

      www.malath.com.sa


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      The Capital Market Authority and Saudi Exchange take no responsibility for the contents of these disclosures, make no representations as to its accuracy or completeness, and expressly disclaim any liability whatsoever for any loss arising from, or incurred in reliance upon, any part of these disclosures, and the issuer accepts full responsibility for the accuracy of the information contained in it and confirms, having made all reasonable enquiries, that to the best of their knowledge and belief, there are no other facts or information the omission of which would make the disclosure misleading, incomplete or inaccurate.