Salama Cooperative Insurance Third Quarter 2024 Earnings: EPS: ر.س0.29 (vs ر.س1.27 in 3Q 2023)

Salama Cooperative Insurance (TADAWUL:8050) Third Quarter 2024 Results

Key Financial Results

• Revenue: ر.س177.6m (down 11% from 3Q 2023).
• Net income: ر.س5.89m (down 54% from 3Q 2023).
• Profit margin: 3.3% (down from 6.4% in 3Q 2023). The decrease in margin was driven by lower revenue.
• EPS: ر.س0.29 (down from ر.س1.27 in 3Q 2023).

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

Salama Cooperative Insurance's share price is broadly unchanged from a week ago.

Risk Analysis

You should always think about risks. Case in point, we've spotted 1 warning sign for Salama Cooperative Insurance you should be aware of.

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