Bupa Arabia: H1 2022 results

Bupa Arabia Cooperative Insurance has recorded a 24.07% increase of its turnover in the first half of 2022, reaching 7.224 billion SAR (1.9 billion USD).

The net profit before zakat amounted to 428.98 million SAR (114.235 million USD), decreasing by 15.73% compared to the 509.029 million SAR (135.552 million USD) posted as at 30 June 2021.

During the period under review, the incurred losses went up by 23.17% to reach 5.163 billion SAR (1.4 billion USD) against the 4.192 billion SAR (1.12 billion USD) recorded in the first half of 2021.