Arabia Insurance Cooperative Second Quarter 2024 Earnings: EPS: ر.س0.25 (vs ر.س0.39 in 2Q 2023)

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

Key Financial Results

• Revenue: ر.س144.1m (down 26% from 2Q 2023).
• Net income: ر.س13.2m (down 36% from 2Q 2023).
• Profit margin: 9.2% (down from 11% in 2Q 2023). The decrease in margin was driven by lower revenue.
• EPS: ر.س0.25 (down from ر.س0.39 in 2Q 2023).

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

Arabia Insurance Cooperative shares are down 6.9% from a week ago.

Balance Sheet Analysis

Just as investors must consider earnings, it is also important to take into account the strength of a company's balance sheet. We have a graphic representation of Arabia Insurance Cooperative's balance sheet and an in-depth analysis of the company's financial position.

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