| The reason of the increase (decrease) in revenues during the current year compared to the last year is | The reason behind the increase in insurance revenue during current year comparing to previous year in the increase in business mainly from motor and P&C. |
| The reason of the increase (decrease) in the net profit during the current year compared to the last year is | The reason behind the decrease in net profit during the current year comparing to previous year is the decrease in net investment income by 46% |
| Statement of the type of external auditor's report | Unmodified opinion |
| 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 | The company has restated the financial statements for the comparative figures for the year 2023 and 2024 (note 33 in the financial statement) |
| Additional Information | For the year ended 31 December 2025 earnings per share has been calculated based on net profit after Zakat and income Tax for the year divided by weighted average number of shares 58,876,805 . For the year ended 31 December 2024 earnings per share has been calculated based on net profit after Zakat and income Tax for the period divided by total number of shares outstanding of 59,457,923 shares. The total equity for the year end 31 December 2025 reach SR 723.9 million comparing to SR 702.3 million for the period ended 31 December 2024, an increase of 3%. The total comprehensive income for the current year amounted to SAR 20.9Mn compared to SAR 17.6Mn for the previous year, a increase of 19%. |
| Attached Documents | Attached Documents |
