The Company for Cooperative Insurance (8010) Q2 2025 earnings summary

Executive summary

• Insurance revenue for the six months ended June 30, 2025, reached SAR 10.35 billion, up from SAR 8.80 billion year-over-year.

• Net profit after zakat for the six months was SAR 729.1 million, compared to SAR 656.5 million for the same period last year.

• The company maintained strong liquidity and solvency, with total assets of SAR 21.3 billion as of June 30, 2025.

Financial highlights

• Gross written premiums for the six months were SAR 11.96 billion, up from SAR 10.29 billion year-over-year.

• Insurance service result for the six months was SAR 761.9 million, compared to SAR 728.3 million year-over-year.

• Basic and diluted EPS for the six months was SAR 4.86, up from SAR 4.38 year-over-year.

• Total equity increased to SAR 4.96 billion from SAR 4.48 billion at year-end 2024.

• Cash and cash equivalents stood at SAR 825.2 million at period end.

Outlook and guidance

• The company continues to focus on capital efficiency, business growth, and maintaining strong solvency margins.

• No material impact is expected from ongoing Zakat assessments or VAT reviews.