Buruj Cooperative Insurance: 2024 results

Buruj Cooperative Insurance closed the 2024 financial year with insurance revenue of 372.7 million SAR (99.2 million USD), down by 0.19% over one year.

The company's net result after zakat (Islamic tax) amounted to 9.4 million SAR (2.5 million USD), marking a 53.27% decline compared with the same period in 2023.

Buruj Cooperative Insurance's shareholders' equity stood at 468.4 million SAR (124.6 million USD) at end-December 2024, compared with 441.4 million SAR (117.6 million USD) a year earlier.