The Company for Cooperative Insurance 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 206.29 million compared to SAR 18 million a year ago. Basic earnings per share from continuing operations was SAR 1.38 compared to SAR 0.12 a year ago.
For the nine months, net income was SAR 526.61 million compared to SAR 68.79 million a year ago. Basic earnings per share from continuing operations was SAR 3.51 compared to SAR 0.46 a year ago.