Saudi Enaya Cooperative Insurance First Quarter 2023 Earnings: EPS: ر.س0.19 (vs ر.س0.91 loss in 1Q 2022)

Simply Wall St

July 08, 2023

Saudi Enaya Cooperative Insurance (TADAWUL:8311) First Quarter 2023 Results

Key Financial Results

Revenue: ر.س58.2m (up 3.9% from 1Q 2022).
Net income: ر.س4.45m (up from ر.س9.07m loss in 1Q 2022).
Profit margin: 7.6% (up from net loss in 1Q 2022). The move to profitability was primarily driven by lower expenses.
EPS: ر.س0.19 (up from ر.س0.91 loss in 1Q 2022).

earnings-and-revenue-history — SASE:8311 Earnings and Revenue History July 8th 2023

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

Saudi Enaya Cooperative Insurance shares are up 5.1% from a week ago.

Risk Analysis

Before we wrap up, we've discovered 3 warning signs for Saudi Enaya Cooperative Insurance (1 shouldn't be ignored!) that you should be aware of.

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