Tawuniya Reports SAR 902.37M Net Profit in Q3 2025
TAWUNIYA 8010.SA | 0.00 |
On 2025-10-30 08:23:51 (Saudi Time), The Company for Cooperative Insurance announced its Interim financial results for the nine months ended on September 30, 2025. For the period, the company recorded revenue of SAR 15,752.73 million (up 16.74% YoY) and a net profit of SAR 902.37 million.
| Element List | Current Quarter | Similar quarter for previous year | %Change | Previous Quarter | % Change |
|---|---|---|---|---|---|
| Insurance Revenues | 5,405,366 | 4,696,243 | 15.099 | 5,225,943 | 3.433 |
| Result of Insurance Services | 967,529 | 758,358 | 27.582 | 1,104,421 | -12.394 |
| Net Profit (Loss) of The Insurance Results | 341,669 | 210,135 | 62.594 | 485,039 | -29.558 |
| Net Profit (Loss) of The Investment Results | 185,401 | 166,770 | 11.171 | 173,399 | 6.921 |
| Net Insurance Financing Expenses | -48,271 | -49,582 | -2.644 | -41,281 | 16.932 |
| Net Profit (Loss), After Zakat, Attributable To Shareholders | 173,258 | 197,557 | -12.299 | 467,417 | -62.932 |
| Total Comprehensive Income | 174,059 | 197,557 | -11.894 | 467,291 | -62.751 |
| All figures are in (Thousands) Saudi Arabia, Riyals | |||||
Year-on-Year Performance Drivers
Insurance revenues increased by 16.74% YoY to SAR 15.75 million, driven by the addition of new clients and growth in the company's main business sectors. Net profit after Zakat grew by 5.66% YoY to SAR 902.37 million, supported by a 37.85% increase in insurance services results due to better claims management and a 12.51% rise in investment income from portfolio diversification and improved return rates, despite a 70.19% increase in insurance financing expenses.
Quarter-on-Quarter Performance Drivers
QoQ insurance revenues increased by 3.43% to SAR 5,405.37 million due to growth in main business sectors. However, net profit after Zakat decreased significantly by 62.93% to SAR 173.26 million compared to the previous quarter's SAR 467.42 million, primarily attributed to seasonal factors. The decrease occurred despite improved investment results, which grew 6.92% QoQ to SAR 185.40 million.
Other Items
The auditors issued an unmodified conclusion on the financial statements. Total shareholders' equity reached SAR 5,141,867 thousand as of September 30, 2025, representing a 19.6% increase compared to the same period last year. Earnings per share for the current period was SAR 6.03, compared to SAR 5.70 for the same period in 2024, calculated based on a weighted average of 149,656,617 outstanding ordinary shares versus 149,951,708 shares in the previous year.
Original announcement:
https://www.saudiexchange.sa/wps/portal/saudiexchange/newsandreports/issuer-news/issuer-announcements/issuer-announcements-details/?anId=91061&anCat=1&cs=8010&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.