Salama Cooperative Insurance Full Year 2024 Earnings: EPS: ر.س1.23 (vs ر.س3.25 in FY 2023)

Simply Wall St

March 14, 2025

Salama Cooperative Insurance (TADAWUL:8050) Full Year 2024 Results

Key Financial Results

Revenue: ر.س678.5m (down 18% from FY 2023).
Net income: ر.س30.1m (down 41% from FY 2023).
Profit margin: 4.4% (down from 6.2% in FY 2023). The decrease in margin was driven by lower revenue.
EPS: ر.س1.23 (down from ر.س3.25 in FY 2023).

earnings-and-revenue-history — SASE:8050 Earnings and Revenue History March 14th 2025

All figures shown in the chart above are for the trailing 12 month (TTM) period

Salama Cooperative Insurance shares are down 1.3% from a week ago.

Risk Analysis

What about risks? Every company has them, and we've spotted 2 warning signs for Salama Cooperative Insurance (of which 1 is a bit concerning!) you should know about.

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This article by Simply Wall St is general in nature. We provide commentary based on historical data and analyst forecasts only using an unbiased methodology and our articles are not intended to be financial advice. It does not constitute a recommendation to buy or sell any stock, and does not take account of your objectives, or your financial situation. We aim to bring you long-term focused analysis driven by fundamental data. Note that our analysis may not factor in the latest price-sensitive company announcements or qualitative material. Simply Wall St has no position in any stocks mentioned.