- Saudi Arabia
- /
- Insurance
- /
- SASE:8160
Arabia Insurance Cooperative Third Quarter 2024 Earnings: EPS: ر.س0.26 (vs ر.س0.42 in 3Q 2023)
Arabia Insurance Cooperative (TADAWUL:8160) Third Quarter 2024 Results
Key Financial Results
- Revenue: ر.س164.7m (down 15% from 3Q 2023).
- Net income: ر.س13.6m (down 39% from 3Q 2023).
- Profit margin: 8.2% (down from 12% in 3Q 2023). The decrease in margin was driven by lower revenue.
- EPS: ر.س0.26 (down from ر.س0.42 in 3Q 2023).
All figures shown in the chart above are for the trailing 12 month (TTM) period
Arabia Insurance Cooperative shares are up 1.4% from a week ago.
Risk Analysis
Be aware that Arabia Insurance Cooperative is showing 1 warning sign in our investment analysis that you should know about...
New: Manage All Your Stock Portfolios in One Place
We've created the ultimate portfolio companion for stock investors, and it's free.
• Connect an unlimited number of Portfolios and see your total in one currency
• Be alerted to new Warning Signs or Risks via email or mobile
• Track the Fair Value of your stocks
Have feedback on this article? Concerned about the content? Get in touch with us directly. Alternatively, email editorial-team (at) simplywallst.com.
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.
About SASE:8160
Arabia Insurance Cooperative
Provides insurance products and services in the Kingdom of Saudi Arabia.
Flawless balance sheet and overvalued.