Buruj Cooperative Insurance Company Reports Earnings Results for the Second Quarter and Six Months Ended June 30, 2022
August 28, 2022 at 07:33 pm EDT
Buruj 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 15.77 million compared to net income of SAR 6.13 million a year ago. Basic loss per share from continuing operations was SAR 0.53 compared to basic earnings per share from continuing operations of SAR 0.2 a year ago.
For the six months, net loss was SAR 50.29 million compared to SAR 1.63 million a year ago. Basic loss per share from continuing operations was SAR 1.68 compared to SAR 0.05 a year ago.