Bupa Arabia Reports SAR 387.30M Net Profit in Three Months 2026
BUPA ARABIA 8210.SA | 0.00 |
On 2026-04-30 08:13:40 (Saudi Time), Bupa Arabia for Cooperative Insurance Co. announced its Interim financial results for the three months ended on March 31, 2026.
| Element List | Current Quarter | Similar quarter for previous year | %Change | Previous Quarter | % Change |
|---|---|---|---|---|---|
| Insurance Revenues | 5,240,382 | 4,409,764 | 18.835 | 5,133,449 | 2.083 |
| Result of Insurance Services | 362,983 | 389,808 | -6.881 | 6,012 | 5,937.641 |
| Net Profit (Loss) of The Insurance Results | 360,870 | 351,186 | 2.757 | -11,689 | - |
| Net Profit (Loss) of The Investment Results | 196,434 | 186,217 | 5.486 | 172,628 | 13.79 |
| Net Insurance Financing Expenses | - | - | - | - | - |
| Net Profit (Loss), After Zakat, Attributable To Shareholders | 387,296 | 380,232 | 1.857 | 48,602 | 696.872 |
| Total Comprehensive Income Attributable to Shareholders of the Issuer | 253,661 | 451,133 | -43.772 | 13,487 | 1,780.781 |
| All figures are in (Thousands) Saudi Arabia, Riyals | |||||
| Element List | Current Period | Similar period for previous year | %Change |
|---|---|---|---|
| Total Shareholders Equity (after Deducting Minority Equity) | 5,891,803 | 5,568,564 | 5.804 |
| Profit (Loss) per Share | 2.61 | 2.55 | |
| All figures are in (Thousands) Saudi Arabia, Riyals | |||
| Element List | Amount | Percentage of the capital (%) | |
|---|---|---|---|
| Profit (Losses) Resulting From The Change In Investment Propertie’s Fair Value | - | - | |
| All figures are in (Thousands) Saudi Arabia, Riyals | |||
Year-on-Year Performance Drivers
Insurance revenues increased 18.84% YoY to 5,240.38 million driven by business growth and increased insured lives. Net profit rose modestly by 1.86% to 387.30 million despite insurance service results declining 6.88% due to inflationary pressures, as this was offset by improved investment returns (5.49% increase) and higher other revenue (40.68% increase), though partially dampened by 14.66% higher operating expenses.
Quarter-on-Quarter Performance Drivers
QoQ insurance revenues increased 2.08% to 5.24 million driven by business growth. Net profit surged 696.87% to 387.30 million primarily due to seasonal trends in claims utilization that boosted insurance service results from 6.01 million to 362.98 million. Investment results also improved 13.79% to 196.43 million, though this was partially offset by higher operating expenses which increased 20.93% to 122.02 million.
Other Items
The external auditor issued an unmodified conclusion with no comments mentioned in other matter, conservation, notice, disclaimer of opinion, or adverse opinion paragraphs. Earnings per share increased to SAR 2.61 compared to SAR 2.55 in the similar quarter of the previous year. Total shareholders' equity grew 5.80% year-over-year to SAR 5,891,803 thousand. Gross Written Premiums reached SAR 7,541,733 thousand, representing a 17.09% increase compared to the same quarter last year and a 97.55% increase from the previous quarter.
Original announcement:
https://www.saudiexchange.sa/wps/portal/saudiexchange/newsandreports/issuer-news/issuer-announcements/issuer-announcements-details/?anId=94810&anCat=1&cs=8210&locale=arImportant Notice: The announcement information and market data in this report are sourced directly from the Saudi Exchange (Tadawul). This summary is generated by Sahm’s proprietary AI model for informational purposes only. While we strive for accuracy, it should not be construed as financial advice or an investment recommendation.