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Aljazira Takaful Taawuni 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	98,406	83,758	17.488	94,996	3.589
Result of Insurance Services	16,410	31,607	-48.081	9,749	68.324
Net Profit (Loss) of The Insurance Results	8,825	16,537	-46.634	5,183	70.268
Net Profit (Loss) of The Investment Results	-4,981	10,996	-	10,879	-
Net Insurance Financing Expenses	11,061	-3,742	-	1,464	655.532
Net Profit (Loss), After Zakat, Attributable To Shareholders	7,461	16,112	-53.692	5,003	49.13
Total Comprehensive Income Attributable to Shareholders of the Issuer	7,461	18,621	-59.932	13,749	-45.734
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)	1,014,433	994,297	2.025
Profit (Loss) per Share	0.11	0.24
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	The insurance revenues for the current quarter amounted to SAR 98,406 thousand, compared to SAR 83,758 thousand during the similar quarter of the previous year, reflecting an increase of 17.49%. This increase is primarily due to the growth in 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 net profit after zakat and income tax attributable to shareholders for the current quarter amounted to SAR 7,461 thousand, compared to SAR 16,112 thousand during the similar quarter of the previous year, representing a decrease of 53.69%. This decrease is primarily due to: • A decrease in the insurance service result to SAR 16,410 thousand, compared to SAR 31,607 thousand during the similar quarter of the previous year, representing a decrease of 48.08%. • A decrease in net insurance service results to SAR 8,825 thousand, compared to SAR 16,537 thousand in the same quarter of the previous year, representing a decrease of 46.63%. • A decrease in the net investment income (excluding the change in the fair value of unit-linked investments attributable to unit holders), to SAR 7,322 thousand, compared to SAR 8,072 thousand in the same quarter of the previous year, representing a decrease of 9.29%.
The reason of the increase (decrease) in the revenues during the current quarter compared to the previous quarter is	The insurance revenues for the current quarter amounted to SAR 98,406 thousand, compared to SAR 94,996 thousand in the previous quarter, representing an increase of 3.59%. This increase is primarily due to the growth in business.
The reason of the increase (decrease) in the net profit (loss) during the current quarter compared to the previous quarter is	The net profit after zakat and income tax attributable to shareholders for the current quarter amounted to SAR 7,461 thousand, compared to SAR 5,003 thousand in the previous quarter, representing an increase of 49.13%. This increase is primarily due to: • An increase in the insurance service result to SAR 16,410 thousand, compared to SAR 9,749 thousand in the previous quarter, representing an increase of 68.32%. • An increase in net insurance service results to SAR 8,825 thousand, compared to SAR 5,183 thousand in the previous quarter, representing An increase 70.27%.
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	No reclassification.
Additional Information	• The total shareholders' equity (excluding minority interest) at the end of the current quarter amounted to SAR 1,014,539 thousand, compared to SAR 994,055 thousand for the same quarter of the previous year, representing an increase of 2.06%. • Earnings per share (EPS) for the current quarter stood at SAR 0.11 per share, compared to SAR 0.24 per share in the same quarter of the previous year. EPS was calculated by dividing net income attributable to shareholders after zakat and income tax, amounting to SAR 7,461 thousand, by the weighted average number of outstanding ordinary shares of 66,000 thousand shares during the current quarter, compared to net income attributable to shareholders after zakat and income tax of SAR 16,112 thousand on 66,000 thousand shares in the same quarter of the previous year.