Saudi Arabian Cooperative Insurance Full Year 2023 Earnings: EPS: ر.س2.37 (vs ر.س1.24 loss in FY 2022)
SAICO 8100.SA | 8.77 | +1.50% |
Saudi Arabian Cooperative Insurance (TADAWUL:8100) Full Year 2023 Results
Key Financial Results
- Revenue: ر.س1.06b (up 49% from FY 2022).
- Net income: ر.س71.1m (up from ر.س37.2m loss in FY 2022).
- Profit margin: 6.7% (up from net loss in FY 2022). The move to profitability was driven by higher revenue.
- EPS: ر.س2.37 (up from ر.س1.24 loss in FY 2022).
All figures shown in the chart above are for the trailing 12 month (TTM) period
Saudi Arabian Cooperative Insurance's share price is broadly unchanged from a week ago.
Risk Analysis
You still need to take note of risks, for example - Saudi Arabian Cooperative Insurance has 1 warning sign we think you should be aware of.
This article by Simply Wall St is general in nature. We provide commentary based on historical data and analyst forecasts only using an unbiased methodology and our articles are not intended to be financial advice. It does not constitute a recommendation to buy or sell any stock, and does not take account of your objectives, or your financial situation. We aim to bring you long-term focused analysis driven by fundamental data. Note that our analysis may not factor in the latest price-sensitive company announcements or qualitative material. Simply Wall St has no position in any stocks mentioned.
