Gulf Insurance Group 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 10.2 million compared to net loss of SAR 7.79 million a year ago. Basic earnings per share from continuing operations was SAR 0.1905 compared to basic loss per share from continuing operations of SAR 0.1524 a year ago.
For the nine months, net income was SAR 106.58 million compared to SAR 144.4 million a year ago. Basic earnings per share from continuing operations was SAR 2.0286 compared to SAR 2.7524 a year ago.