Saudi Re for Cooperative Reinsurance Company reported earnings results for the second quarter and six months ended June 30, 2022. For the second quarter, the company reported net loss was SAR 7.99 million compared to net income of SAR 13.24 million a year ago. Basic loss per share from continuing operations was SAR 0.09 compared to basic earnings per share from continuing operations of SAR 0.15 a year ago.
For the six months, net income was SAR 7.22 million compared to SAR 29.47 million a year ago. Basic earnings per share from continuing operations was SAR 0.08 compared to SAR 0.33 a year ago.