Stock Analysis

Arabia Insurance Cooperative Third Quarter 2024 Earnings: EPS: ر.س0.26 (vs ر.س0.42 in 3Q 2023)

SASE:8160
Source: Shutterstock

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).
earnings-and-revenue-history
SASE:8160 Earnings and Revenue History November 8th 2024

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...

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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.