Saudi Arabian Cooperative Insurance Full Year 2023 Earnings: EPS: ر.س2.37 (vs ر.س1.24 loss in FY 2022)

SAICO +1.50%

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).
earnings-and-revenue-history
SASE:8100 Earnings and Revenue History April 4th 2024

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.