Amana Cooperative Insurance Company reported earnings results for the third quarter and nine months ended September 30, 2023. For the third quarter, the company reported net income was SAR 9.44 million compared to net loss of SAR 30.47 million a year ago. Basic earnings per share from continuing operations was SAR 0.22 compared to basic loss per share from continuing operations of SAR 0.71 a year ago.
For the nine months, net income was SAR 29.13 million compared to net loss of SAR 52.51 million a year ago. Basic earnings per share from continuing operations was SAR 0.68 compared to basic loss per share from continuing operations of SAR 1.22 a year ago.