Arabian Shield Cooperative Insurance Company Reports Earnings Results for the Third Quarter and Nine Months Ended September 30, 2022
November 14, 2022 at 02:31 am EST
Arabian Shield Cooperative Insurance Company reported earnings results for the third quarter and nine months ended September 30, 2022. For the third quarter, the company reported net income was SAR 12.25 million compared to SAR 8.52 million a year ago. Basic earnings per share from continuing operations was SAR 0.19 compared to SAR 0.21 a year ago.
For the nine months, net income was SAR 19.01 million compared to SAR 24.99 million a year ago. Basic earnings per share from continuing operations was SAR 0.3 compared to SAR 0.62 a year ago.