-+ 0.00%
-+ 0.00%
-+ 0.00%
Arabian Shield Cooperative Insurance Swings to H1 Profit; Insurance Revenue Down
Share
Listen to the news
01:12 AM EDT, 08/03/2026 (MT Newswires) -- Arabian Shield Cooperative Insurance (SASE:8070) said Monday it returned to profitability for the first half, while insurance revenue slipped year over year. Net profit after zakat attributable to shareholders for the six months ended June 30 was 7.7 million Saudi riyals, compared with an attributable loss of 23.5 million riyals earlier. EPS moved to 0.1 riyal from a loss per share of 0.29 riyal. The insurance company's insurance revenue was 801.7 million riyals, compared with 912 million riyals a year ago.
Disclaimer:This article represents the opinion of the author only. It does not represent the opinion of Webull, nor should it be viewed as an indication that Webull either agrees with or confirms the truthfulness or accuracy of the information. It should not be considered as investment advice from Webull or anyone else, nor should it be used as the basis of any investment decision.
What's Trending