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The Company for Cooperative Insurance
- Main Market
- Insurance
Stats Overview
-
Prev. Close 142.40
-
Open 142.80
-
High 144.20
-
Low 141.00
-
No. of Trades 4,567
-
Avg. Trade size* 63
-
Volume Traded 288,296
-
Value Traded (SAR) 41,121,614.20
Performance
- *Average Trade Size = Cumulative / # of Trades
- **52 Week Price Change = (Current Price - Price year ago) / Price year ago x 100
- Historical prices & volume traded data are adjusted to account for all corporate actions.
- MO: Market Order
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Announcements
Corporate Actions
- Announcements & Corporate Actions
- Dividends
- Financials
- Shareholding
- Peer Comparison
- Company Profile
Dividends
| Announced Date | Eligibility Date | Distribution Date | Distribution Way | Dividend Amount |
|---|---|---|---|---|
| 14/04/2024 | 23/06/2024 | 07/07/2024 | Account Transfer | 1.00 |
| 08/05/2023 | 07/06/2023 | 19/06/2023 | Account Transfer | 1.00 |
| 06/04/2021 | 29/04/2021 | 09/05/2021 | Account Transfer | 0.80 |
| 15/02/2017 | 21/03/2017 | 27/03/2017 | Account Transfer | 5.00 |
| 21/02/2016 | 21/03/2016 | 24/03/2016 | Account Transfer | 1.00 |
CompanyProfilev2Financials
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Financials
- FINANCIAL INFORMATION
- FINANCIAL STATEMENTS AND REPORTS
- Annually
- Quarterly
| Balance Sheet | 2023-12-31 | |||
|---|---|---|---|---|
| Total Assets |
18,416,726
|
- | - | - |
| Total Liabilities |
14,794,909
|
- | - | - |
| Total Shareholders Equity (After Deducting the Minority Equity) |
3,614,828
|
- | - | - |
| Total Liabilities and Shareholders Equity |
18,409,737
|
- | - | - |
| Statement of Income | 2023-12-31 | |||
| Total Revenue (Sales/Operating) |
15,265,424
|
- | - | - |
| Net Profit (Loss) before Zakat and Tax |
717,806
|
- | - | - |
| Zakat and Income Tax |
-101,380
|
- | - | - |
| Net Profit (Loss) after Zakat and Tax |
616,426
|
- | - | - |
| Total Comprehensive Income |
614,257
|
- | - | - |
| Profit (Loss) per Share |
4.11
|
- | - | - |
| Cash Flows | 2023-12-31 | |||
| Net Cash From Operating Activities |
1,591,389
|
- | - | - |
| Net Cash From Investing Activities |
-1,044,024
|
- | - | - |
| Net Cash From Financing Activities |
-124,851
|
- | - | - |
| Cash and Cash Equivalents, Beginning of the Period |
1,659,193
|
- | - | - |
| Cash and Cash Equivalents, End of the Period |
2,081,707
|
- | - | - |
| All Figures in | Thousands | |||
| All Currency In | SAR | |||
| Last Update Date | 2024-03-14 |
The Capital Market Authority and Saudi Exchange take no responsibility for the contents of this disclosure, make no representations as to its accuracy or completeness, and expressly disclaim any liability whatsoever for any loss arising from, or incurred in reliance upon, any part of this disclosure, and the issuer accepts full responsibility for the accuracy of the information contained in it and confirms, having made all reasonable enquiries, that to the best of their knowledge and belief, there are no other facts or information the omission of which would make the disclosure misleading, incomplete or inaccurate. The above information does not replace detailed financial statements, as detailed financial statements are the reliable source that must be consulted to obtain accurate financial information.
| Balance Sheet | 2024-06-30 | 2024-03-31 | 2023-09-30 | 2023-06-30 |
|---|---|---|---|---|
| Total Assets |
20,866,434
|
19,388,803
|
18,550,038
|
18,055,913
|
| Total Liabilities |
16,754,929
|
15,570,038
|
14,996,465
|
14,707,960
|
| Total Shareholders Equity (After Deducting the Minority Equity) |
4,111,505
|
3,811,435
|
3,534,305
|
3,331,317
|
| Total Liabilities and Shareholders Equity |
20,866,434
|
19,388,803
|
18,530,770
|
18,039,277
|
| Statement of Income | 2024-06-30 | 2024-03-31 | 2023-09-30 | 2023-06-30 |
| Total Revenue (Sales/Operating) |
4,412,228
|
4,385,961
|
3,960,790
|
3,697,377
|
| Net Profit (Loss) before Zakat and Tax |
491,695
|
230,082
|
229,881
|
275,863
|
| Zakat and Income Tax |
-31,882
|
-33,390
|
-23,591
|
-30,012
|
| Net Profit (Loss) after Zakat and Tax |
459,813
|
196,692
|
206,290
|
245,851
|
| Total Comprehensive Income |
459,813
|
196,948
|
205,620
|
244,795
|
| Profit (Loss) per Share |
3.07
|
1.31
|
1.38
|
1.97
|
| Cash Flows | 2024-06-30 | 2024-03-31 | 2023-09-30 | 2023-06-30 |
| Net Cash From Operating Activities |
593,246
|
370,543
|
1,224,826
|
366,781
|
| Net Cash From Investing Activities |
-1,318,809
|
-650,799
|
-167,635
|
17,043
|
| Net Cash From Financing Activities |
-17,073
|
- |
-125,129
|
-124,813
|
| Cash and Cash Equivalents, Beginning of the Period |
2,081,707
|
2,081,707
|
1,659,193
|
1,659,193
|
| Cash and Cash Equivalents, End of the Period |
1,339,071
|
1,801,451
|
2,591,255
|
1,918,204
|
| All Figures in | Thousands | Thousands | Thousands | Thousands |
| All Currency In | SAR | SAR | SAR | SAR |
| Last Update Date | 2024-08-15 | 2024-05-09 | 2023-11-12 | 2023-11-12 |
The Capital Market Authority and Saudi Exchange take no responsibility for the contents of this disclosure, make no representations as to its accuracy or completeness, and expressly disclaim any liability whatsoever for any loss arising from, or incurred in reliance upon, any part of this disclosure, and the issuer accepts full responsibility for the accuracy of the information contained in it and confirms, having made all reasonable enquiries, that to the best of their knowledge and belief, there are no other facts or information the omission of which would make the disclosure misleading, incomplete or inaccurate. The above information does not replace detailed financial statements, as detailed financial statements are the reliable source that must be consulted to obtain accurate financial information.
- Announcements & Corporate Actions
- Dividends
- Financials
- Shareholding
- Peer Comparison
- Company Profile
- Announcements & Corporate Actions
- Dividends
- Financials
- Shareholding
- Peer Comparison
- Company Profile
- Announcements & Corporate Actions
- Dividends
- Financials
- Shareholding
- Peer Comparison
- Company Profile
Company Profile
Company overview
The purpose of the Company is to transact cooperative insurance operations and all related activities including reinsurance and agency activities. Its principal lines of business include: motor, marine, fire, properties, medical, engineering, aviation, power, Takaful and casualty insurance.
Company History
The establishment of Tawuniya in 1986 was not considered a normal occurrence in the Saudi insurance market; it was the steppingstone to create a viable insurance industry in Saudi Arabia. Since its early beginnings, the Company took it upon itself to develop the Saudi insurance industry, setting standards for optimal insurance services and introducing new products that satisfy client needs, especially in the retail sector. Over the years, Tawuniya has invested heavily in the development of savvy professional Saudi insurance employees, thus raising the level of professionalism in the Saudi insurance workforce. Moreover, it has contributed to the education and awareness of the society in regards to insurance through many organized advertising and public relations initiatives.
Company Bylaws
Equity Profile
- Authorized Capital (SAR) 1,500,000,000
- Issued Shares 150,000,000
- Paid Capital (SAR) 1,500,000,000
- Par Value/Share 10
- Paid Up Value/Share 10
Last Update :2023-08-29
Investment limits
There are no investment limits on the company shares as per the amended Rules for Qualified Foreign Financial Institutions Investments in Listed Securities and Instructions for the Foreign Strategic Investors Ownership in Listed Companies based on company bylaw and the issued instructions by the related regulators and supervisory authorities
- Company Details
- BOARD OF DIRECTORS AND SENIOR EXECUTIVES INFORMATION
Investor Relations
Contact Name:
Zyead Abalkhail
Company Address:
Head office building number 6507 Thumamah Road (Takhassusi) Ar rabi Area P.O.Box 86959 Riyadh 11632 kingdom of Saudi Arabia
Contact Details:
Telephone:
0112526622
Fax
: 0114000844
Email
: IR@tawuniya.com.sa
Company Website:
The Capital Market Authority and Saudi Exchange take no responsibility for the contents of these disclosures, make no representations as to its accuracy or completeness, and expressly disclaim any liability whatsoever for any loss arising from, or incurred in reliance upon, any part of these disclosures, and the issuer accepts full responsibility for the accuracy of the information contained in it and confirms, having made all reasonable enquiries, that to the best of their knowledge and belief, there are no other facts or information the omission of which would make the disclosure misleading, incomplete or inaccurate.