Wataniya Insurance Company 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 7.33 million compared to net loss of SAR 27.21 million a year ago. Basic earnings per share from continuing operations was SAR 0.18 compared to basic loss per share from continuing operations of SAR 0.9 a year ago.
For the nine months, net loss was SAR 31.19 million compared to SAR 54.78 million a year ago. Basic loss per share from continuing operations was SAR 0.86 compared to SAR 1.81 a year ago.