Al Rajhi Company for Cooperative Insurance reported earnings results for the third quarter and nine months ended September 30, 2023. For the third quarter, the company reported net income was SAR 81.93 million compared to SAR 53.1 million a year ago. Basic earnings per share from continuing operations was SAR 0.82 compared to SAR 0.532 a year ago.
For the nine months, net income was SAR 219.04 million compared to SAR 60.89 million a year ago. Basic earnings per share from continuing operations was SAR 2.192 compared to SAR 0.608 a year ago.