Saham Assaurance: declining result in H1 2020

During the first half of 2020, Saham Assurance recorded a 150% decline in net result that was set at -103.9 million MAD (-10.594 million USD). Such a decrease is believed to be strongly linked to the drop in stock market prices of assets due to the pandemic.

The company’s turnover also degraded by 7.04% to be established at 2.907 billion MAD (296.423 million USD).