Arabia Insurance Cooperative First Quarter 2024 Earnings: EPS: ر.س0.15 (vs ر.س0.15 in 1Q 2023)

Arabia Insurance Cooperative (TADAWUL:8160) First Quarter 2024 Results

Key Financial Results

• Revenue: ر.س168.3m (down 3.6% from 1Q 2023).
• Net income: ر.س8.27m (up 13% from 1Q 2023).
• Profit margin: 4.9% (up from 4.2% in 1Q 2023). The increase in margin was driven by lower expenses.
• EPS: ر.س0.15.

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

Arabia Insurance Cooperative shares are down 3.6% from a week ago.

Balance Sheet Analysis

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

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