Walaa Cooperative Insurance Third Quarter 2024 Earnings: EPS: ر.س0.24 (vs ر.س0.47 in 3Q 2023)

Walaa Cooperative Insurance (TADAWUL:8060) Third Quarter 2024 Results

Key Financial Results

• Revenue: ر.س481.2m (up 6.7% from 3Q 2023).
• Net income: ر.س20.1m (down 50% from 3Q 2023).
• Profit margin: 4.2% (down from 8.8% in 3Q 2023). The decrease in margin was driven by higher expenses.
• EPS: ر.س0.24 (down from ر.س0.47 in 3Q 2023).

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

Walaa Cooperative Insurance shares are up 3.2% from a week ago.

Balance Sheet Analysis

While earnings are important, another area to consider is the balance sheet. See our latest analysis on Walaa Cooperative Insurance's balance sheet health.

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