- Saudi Arabia
- /
- Insurance
- /
- SASE:8020
Malath Cooperative Insurance Second Quarter 2024 Earnings: EPS: ر.س0.003 (vs ر.س0.16 in 2Q 2023)
Malath Cooperative Insurance (TADAWUL:8020) Second Quarter 2024 Results
Key Financial Results
- Revenue: ر.س216.2m (down 11% from 2Q 2023).
- Net income: ر.س151.0k (down 98% from 2Q 2023).
- Profit margin: 0.1% (down from 3.4% in 2Q 2023). The decrease in margin was driven by lower revenue.
- EPS: ر.س0.003 (down from ر.س0.16 in 2Q 2023).
All figures shown in the chart above are for the trailing 12 month (TTM) period
Malath Cooperative Insurance shares are up 7.1% from a week ago.
Balance Sheet Analysis
While it's very important to consider the profit and loss statement, you can also learn a lot about a company by looking at its balance sheet. We have a graphic representation of Malath Cooperative Insurance's balance sheet and an in-depth analysis of the company's financial position.
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About SASE:8020
Malath Cooperative Insurance
Provides insurance products and related services to individuals, small and medium enterprises, and corporates in the Kingdom of Saudi Arabia.
Adequate balance sheet and slightly overvalued.