Saudi Enaya Cooperative Insurance Company announced earnings results for the fourth quarter and full year ended December 31, 2016. For the quarter, the company announced net loss before Zakat of SAR 4,481,000 compared to SAR 11,666,000 for the same period a year ago. Net written premiums were SAR 43,595,000 compared to SAR 5,394,000 for the same period a year ago. Net profit of shareholders capital investment was SAR 1,856,000 compared to net loss of shareholders capital investment of SAR 854,000 for the same period a year ago. Improvement in net profit results is primarily due to growth in business by SAR 30,517,000 representing 339%, resulting increase in net earned premiums by SAR 9,344,000 representing an increase of 84%. For the full year, the company announced net loss before Zakat of SAR 25,824,000 compared to SAR 51,996,000 for the same period a year ago. Net written premiums were SAR 97,026,000 compared to SAR 42,373,000 for the same period a year ago. Net profit of shareholders capital investment was SAR 4,962,000 compared to net loss of shareholders capital investment of SAR 2,673,000 for the same period a year ago. Loss per share was SAR 1.29 compared to SAR 1.3 for the same period a year ago.