United Cooperative Assurance Company Reports Earnings Results for the Third Quarter and Nine Months Ended September 30, 2022
November 13, 2022 at 12:18 am EST
United Cooperative Assurance Company reported earnings results for the third quarter and nine months ended September 30, 2022. For the third quarter, the company reported net loss was SAR 2.01 million compared to SAR 20.44 million a year ago. Basic loss per share from continuing operations was SAR 0.05 compared to SAR 0.51 a year ago.
For the nine months, net loss was SAR 44.59 million compared to SAR 57.96 million a year ago. Basic loss per share from continuing operations was SAR 1.11 compared to SAR 1.45 a year ago.