Bupa Arabia for Cooperative Insurance Company (8210) Q2 2026 earnings summary

Executive summary

• Insurance revenue for the six months ended 30 June 2026 rose to SR 10.54 billion, up from SR 9.13 billion year-over-year.

• Net income after zakat and income tax for the six-month period reached SR 694.1 million, compared to SR 666.5 million in the prior year.

• Total comprehensive income for the six months was SR 606.1 million, reflecting a decrease from SR 708.5 million year-over-year due to negative other comprehensive income.

Financial highlights

• Gross written premium for the six months was SR 13.45 billion, up from SR 12.03 billion year-over-year.

• Net insurance and investment results for the six months totaled SR 1.02 billion, up from SR 951.1 million year-over-year.

• Basic and diluted EPS for the six months were SR 4.68, compared to SR 4.46 in the prior year.

• Total assets as of 30 June 2026 stood at SR 18.01 billion, up from SR 17.10 billion at year-end 2025.

• Cash and cash equivalents at period end were SR 1.25 billion, down from SR 1.43 billion at year-end 2025.

Outlook and guidance

• Management continues to monitor geopolitical developments and their potential impact, with no adjustments required as of the reporting date.

• The interim results may not be indicative of full-year performance due to seasonality in operations.