- Saudi Arabia
- /
- Insurance
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- SASE:8240
Chubb Arabia Cooperative Insurance Second Quarter 2024 Earnings: EPS: ر.س0.12 (vs ر.س0.17 in 2Q 2023)
Chubb Arabia Cooperative Insurance (TADAWUL:8240) Second Quarter 2024 Results
Key Financial Results
- Revenue: ر.س52.7m (down 18% from 2Q 2023).
- Net income: ر.س3.65m (down 27% from 2Q 2023).
- Profit margin: 6.9% (down from 7.7% in 2Q 2023). The decrease in margin was driven by lower revenue.
- EPS: ر.س0.12 (down from ر.س0.17 in 2Q 2023).
All figures shown in the chart above are for the trailing 12 month (TTM) period
Chubb Arabia Cooperative Insurance shares are up 24% from a week ago.
Risk Analysis
You still need to take note of risks, for example - Chubb Arabia Cooperative Insurance has 2 warning signs (and 1 which is potentially serious) we think 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.
About SASE:8240
Chubb Arabia Cooperative Insurance
Operates as a property and casualty insurer in the Kingdom of Saudi Arabia and internationally.
Flawless balance sheet with proven track record.