Walaa Cooperative Insurance 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 17.72 million compared to SAR 36.87 million a year ago. Basic loss per share from continuing operations was SAR 0.27 compared to SAR 0.57 a year ago.
For the nine months, net loss was SAR 51.84 million compared to SAR 57.59 million a year ago. Basic loss per share from continuing operations was SAR 0.8 compared to SAR 0.89 a year ago.