| Element List | Current Quarter | Similar quarter for previous year | %Change | Previous Quarter | % Change |
|---|---|---|---|---|---|
| Insurance Revenues | 96,544 | 90,592 | 6.57 | 103,028 | -6.293 |
| Result of Insurance Services | 62,948 | 43,878 | 43.461 | 46,324 | 35.886 |
| Net Profit (Loss) of The Insurance Results | 4,662 | 2,226 | 109.433 | 10,183 | -54.217 |
| Net Profit (Loss) of The Investment Results | 5,187 | 5,627 | -7.819 | 4,651 | 11.524 |
| Net Insurance Financing Expenses | -352 | -546 | -35.531 | -118 | 198.305 |
| Net Profit (Loss), After Zakat, Attributable To Shareholders | 2,995 | 2,960 | 1.182 | 2,936 | 2.009 |
| Total Comprehensive Income Attributable to Shareholders of the Issuer | 1,161 | 5,846 | -80.14 | 10,491 | -88.933 |
| 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) | 478,098 | 460,261 | 3.875 |
| Profit (Loss) per Share | 0.07 | 0.07 | |
| 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 | - | - | |
| Accumulated Losses | - | - | |
| 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 | Insurance revenues for the current quarter amounted SR 96,544K, compared to SR 90,592K during the same quarter of last year, an increase of 7%, which is principally driven by business growth. |
| 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 Increase in net profit after zakat and income tax for the current quarter of SR 35K compared with previous quarter of the last year was due to the following main reasons: • Increase in insurance revenue for current quarter of SR 5,952K, an increase of 7% compared with the previous quarter of last year. • Decrease in insurance service expenses for current quarter of SR 13,118K, and decrease of 28% compared with the previous quarter of last year. |
| The reason of the increase (decrease) in the revenues during the current quarter compared to the previous quarter is | Insurance revenues for the current quarter amounted SR 96,544K, compared to SR 103,028K during the previous quarter, a decrease of 6% due to decrease in Gross written premium. |
| The reason of the increase (decrease) in the net profit (loss) during the current quarter compared to the previous quarter is | The increase in net profit after zakat and income tax for the current quarter of SR 59K compared with previous quarter was due to the following main reasons: • Decrease in Insurance service expenses for current quarter of SR 23,108K,a decrease of 41% compared with the previous quarter. • Increase in other Net investment income of SR 536K, an increase of 12% compared with the previous quarter. • Decrease in Other operating expenses of SR 6,466K, a decrease of 57% compared with the previous quarter |
| 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) | - |
| Reclassification of Comparison Items | - |
| Additional Information | 1. Earning per share was calculated based on profit after Zakat and Income Tax. 2.Total shareholders’ equity at 31/03/2026 SAR 478,098K compared to SAR 460,261K for same period of last year with an increase of 4%. |