Al Rajhi Company for Cooperative Insurance Reports Earnings Results for the Third Quarter and Nine Months Ended September 30, 2022
November 10, 2022 at 06:42 am EST
Al Rajhi Company for Cooperative Insurance reported earnings results for the third quarter and nine months ended September 30, 2022. For the third quarter, the company reported net income was SAR 22.5 million compared to SAR 29.93 million a year ago. Basic earnings per share from continuing operations was SAR 0.56 compared to SAR 0.75 a year ago.
For the nine months, net income was SAR 80.53 million compared to SAR 130.11 million a year ago. Basic earnings per share from continuing operations was SAR 2.01 compared to SAR 3.25 a year ago.