Al-Etihad Cooperative Insurance Company reported earnings results for the second quarter and six months ended June 30, 2022. For the second quarter, the company reported net loss was SAR 2.73 million compared to net income of SAR 15.75 million a year ago. Basic loss per share from continuing operations was SAR 0.0622 compared to basic earnings per share from continuing operations of SAR 0.3467 a year ago.
For the six months, net loss was SAR 5.79 million compared to net income of SAR 26.8 million a year ago. Basic loss per share from continuing operations was SAR 0.1244 compared to basic earnings per share from continuing operations of SAR 0.5956 a year ago.