Gulf Union Alahlia 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 30.36 million compared to net loss of SAR 0.663849 million a year ago. Basic earnings per share from continuing operations was SAR 0.66. Diluted earnings per share from continuing operations was SAR 0.66.
For the nine months, net income was SAR 89.03 million compared to net loss of SAR 25.08 million a year ago. Basic earnings per share from continuing operations was SAR 1.94. Diluted earnings per share from continuing operations was SAR 1.94.