premargin

Sign In Sign Upعربي

LIVA Insurance Co. announces its Interim Financial Results for the period ending on 2026-03-31 ( Three Months ) | premargin

Element List	Current Quarter	Similar quarter for previous year	%Change	Previous Quarter	% Change
Insurance Revenues	183,055	125,136	46.284	168,354	8.732
Result of Insurance Services	12,306	23,172	-46.892	26,987	-54.4
Net Profit (Loss) of The Insurance Results	1,161	-3,548	-	723	60.58
Net Profit (Loss) of The Investment Results	10,003	8,886	12.57	9,384	6.596
Net Insurance Financing Expenses	-1,427	-861	65.737	-631	126.148
Net Profit (Loss), After Zakat, Attributable To Shareholders	7,231	1,842	292.562	10,055	-28.085
Total Comprehensive Income Attributable to Shareholders of the Issuer	7,231	4,351	66.191	19,033	-62.008
All figures are in (Thousands) Saudi Arabia, Riyals

Element List	Current Period	Similar period for previous year	%Change
Total Shareholders Equity (after Deducting Minority Equity)	485,909	444,902	9.217
Profit (Loss) per Share	0.18	0.05
All figures are in (Thousands) Saudi Arabia, Riyals

Element List	Amount	Percentage of the capital (%)
Profit (Losses) Resulting From The Change In Investment Propertie’s Fair Value	-	-
All figures are in (Thousands) Saudi Arabia, Riyals

Element List	Explanation
The reason of the increase (decrease) in the revenues during the current quarter compared to the same quarter of last year is	The insurance revenues during the current quarter increased by SAR 57,919 thousand with an increase 46.28% growth compared to the same quarter of last year. This is mainly driven by the increase in the Company's motor business.
The reason of the increase (decrease) in the net profit during the current quarter compared to the same quarter of the last year is	The Company achieved net income after zakat of SAR 7,231 thousand during the current quarter compared to SAR 1,842 thousand for the same quarter of last year, an increase of 292.6%, which was due to the following main reasons: • Increase of net insurance service result during the current quarter by SAR 4,709 thousand, an increase of 132.7%, driven by business growth. • Growth of net investment income by 12.6% and amounted to SAR 10,003 thousand compared to SAR 8,886 thousand in the same quarter of last year. • Other operating expenses amounted to SAR 1,506 thousand during the current quarter compared to SAR 1,894 thousand in the same quarter of last year, with a decrease by 20.5%.
The reason of the increase (decrease) in the revenues during the current quarter compared to the previous quarter is	The insurance revenues during the current quarter increased by SAR 14,701 thousand with an increase of 8.73% compared to the previous quarter. This is mainly driven by the issuance of new policies in the Company's motor businesses.
The reason of the increase (decrease) in the net profit (loss) during the current quarter compared to the previous quarter is	The Company achieved net income after zakat of SAR 7,231 thousand during the current quarter compared to SAR 10,055 thousand of the previous quarter. This was mainly due to the decrease of the insurance service results during the current quarter by SAR 14,681 thousand.
Statement of the type of external auditor's report	Unmodified conclusion
Comment mentioned in the external auditor’s report, mentioned in any of the following paragraphs (other matter, conservation, notice, disclaimer of opinion, or adverse opinion)	None
Reclassification of Comparison Items	None
Additional Information	• The Earnings per share during the current quarter amounted to SAR 0.18 compared to SAR 0.05 during the same quarter of last year. The calculation of Earnings Per Share is based on the net income after zakat attributable to shareholders divided by the number of shares. • The net profit after zakat attributable to shareholders for the current quarter amounted to SAR 7,231 thousand, with a total of 40,000 thousand shares as of 31-03-2026G. In comparison, during the same quarter of previous year, the net profit after zakat attributable to shareholders was SAR 1,842 thousand, with the same number of shares, 40,000 thousand shares, as of 31-03-2025G. • The total shareholders’ equity amounted to SAR 485,909 thousand compared to SAR 478,678 thousand for the last year with an increase of 1.5%. • The total retained earnings at the end of the current quarter are SAR 11,484 thousand, compared to SAR 4,253 thousand for the last year.