- Saudi Arabia
- /
- Insurance
- /
- SASE:8190
United Cooperative Assurance Third Quarter 2024 Earnings: ر.س0.01 loss per share (vs ر.س0.052 profit in 3Q 2023)
United Cooperative Assurance (TADAWUL:8190) Third Quarter 2024 Results
Key Financial Results
- Revenue: ر.س284.6m (down 13% from 3Q 2023).
- Net loss: ر.س270.0k (down by 113% from ر.س2.07m profit in 3Q 2023).
- ر.س0.01 loss per share (down from ر.س0.052 profit in 3Q 2023).
All figures shown in the chart above are for the trailing 12 month (TTM) period
United Cooperative Assurance shares are down 3.2% 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. See our latest analysis on United Cooperative Assurance's balance sheet health.
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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.
About SASE:8190
United Cooperative Assurance
Offers cooperative insurance and reinsurance products in the Kingdom of Saudi Arabia.
Excellent balance sheet with acceptable track record.