Saudi Re: Q1 2023 results

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saudi reSaudi Re has recorded a 79% increase in its turnover to 1.07 billion SAR (284.9 million USD) as at 31 March 2023, against 598.6 million SAR (159.4 million USD) for the same period in 2022.

The Saudi reinsurer's net result before zakat (Islamic tax) has dropped by 46% to 15.9 million SAR (4.2 million USD).

The company's shareholders' equity climbed up by 6% over one year to reach 1.028 billion SAR (273.8 million USD).

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Mon, 26/06/2023 - 17:38
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