Saudi Re : results as at 30 September 2022

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saudi reSaudi Re has recorded a 7.5% increase in its turnover to 1.198 billion SAR (319.02 million USD) as at 30 September 2022.

The net profit before zakat (Islamic tax) improved by 3.7% to reach 49.683 million SAR (13.23 million USD) at the end of September 2022. This growth is mainly due to a 114% jump in operating profit to 49.458 million SAR (13.17 million USD).

During the period under review, the incurred losses amounted to 417.665 million SAR (111.222 million USD), declining by 0.3% over one year.

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Fri, 04/11/2022 - 16:34
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