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'Tawuniya' Company Distributes Profits of SR 200 million
Saudi Press Agency Published in Saudi Press Agency on 22 - 02 - 2010

The Board of Directors of Tawuniya Insurance Company has recommended to distribute profits amounting to SR 200 million to shareholders.
The Board's Chairman Suleiman bin Saad Al-Humaid pointed out that the Board approved financial results for the year 2009, which resulted in achieving a net income of SR 296 million compared to a loss of SR 54 million in 2008.
He noted that the Company has won classification "A" from Standard & Poor's for the fourth consecutive year, which is the highest rating obtained by a Saudi insurance company.

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