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Gulf General Cooperative Insurance Co.

8260
GULF GENERAL
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  • Main Market
  • Insurance     

Stats Overview

  • Prev. Close 11.68
  • Open 11.66
  • High 11.90
  • Low 11.66
  • No. of Trades 449
  • Avg. Trade size* 519
  • Volume Traded 233,208
  • Value Traded (SAR) 2,741,513.34

Performance

GULF GENERAL
0.04 ( 0.34% )
Compare
Name Price Change %
Gulf General Cooperative Insurance Co. 11.66 0.34%
Note: Prices are delayed minimum 5 minutes
  • *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

Trade Updates

Last Trade

Price
11.72
% Change
0.34
Volume Traded
2

Best Bid

Price 11.72
Volume 110

Best Offer

Price 11.74
Volume 2,811

52 WEEK

High
17.00
2024/04/23
Low
11.34
2024/08/12
Change**
-10.53

PERFORMANCE

Start of Year
13.29
Year ago
13.1
3 Years ago
26.57

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  • Announcements & Corporate Actions
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Announcements

  • Gulf General Cooperative Insurance Company announces the start of the electronic voting on the items of the Extraordinary General Assembly (First Meeting) through means of modern technology (Reminder Announcement)

    8260
    GULF GENERAL 0.34 %
    1446/03/30     03/10/2024 08:01:47
  • Gulf General Cooperative Insurance Company (“GGI”) announces receiving certification of Sharia compliance by Shariyah Review Bureau.

    8260
    GULF GENERAL 0.34 %
    1446/03/28     01/10/2024 15:53:57
  • The Board of Directors of Gulf General Cooperative Insurance Company invites its shareholders to attend the Extraordinary General Assembly meeting (First Meeting) through means of modern technology

    8260
    GULF GENERAL 0.34 %
    1446/03/12     15/09/2024 15:57:28
  • Gulf Cooperative Insurance Co. Announces an update on Gulf Cooperative Insurance Company is pleased to announce the latest developments concerning the Board's Recommendation to Increase the Capital by Offering Right Issues

    8260
    GULF GENERAL 0.34 %
    1446/02/28     01/09/2024 08:04:55
  • Gulf General Cooperative Insurance Company announces an update on Gulf General Cooperative Insurance Company announces signing a Memorandum of Understanding with The Gulf Union Al Ahlia Cooperative Insurance Company for Evaluation of a potential merger between the Gulf General Cooperative Insurance Company and Gulf Union Al Ahlia Cooperative Insurance Company

    8260
    GULF GENERAL 0.34 %
    1446/02/09     13/08/2024 15:44:29
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Corporate Actions

Upcoming Events

    Past Events

      Jump To :
      • Announcements & Corporate Actions
      • Dividends
      • Financials
      • Shareholding
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      Dividends

      Announced Date Eligibility Date Distribution Date Distribution Way Dividend Amount

      CompanyProfilev2Financials

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      Financials

      • FINANCIAL INFORMATION
      • FINANCIAL STATEMENTS AND REPORTS
      • Annually
      • Quarterly
      Balance Sheet 2023-12-31
      Total Assets
      490,197
      - - -
      Total Liabilities
      189,804
      - - -
      Total Shareholders Equity (After Deducting the Minority Equity)
      300,393
      - - -
      Total Liabilities and Shareholders Equity
      490,197
      - - -
      Statement of Income 2023-12-31
      Total Revenue (Sales/Operating)
      315,646
      - - -
      Net Profit (Loss) before Zakat and Tax
      6,319
      - - -
      Zakat and Income Tax
      -2,787
      - - -
      Net Profit (Loss) after Zakat and Tax
      3,532
      - - -
      Total Comprehensive Income
      6,739
      - - -
      Profit (Loss) per Share
      0.07
      - - -
      Cash Flows 2023-12-31
      Net Cash From Operating Activities
      16,742
      - - -
      Net Cash From Investing Activities
      -5,917
      - - -
      Net Cash From Financing Activities
      -1,514
      - - -
      Cash and Cash Equivalents, Beginning of the Period
      5,151
      - - -
      Cash and Cash Equivalents, End of the Period
      14,462
      - - -
      All Figures in Thousands
      All Currency In SAR
      Last Update Date 2024-04-15

      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
      520,276
      552,287
      453,346
      479,706
      Total Liabilities
      233,294
      257,633
      159,086
      186,940
      Total Shareholders Equity (After Deducting the Minority Equity)
      286,982
      294,654
      294,260
      292,766
      Total Liabilities and Shareholders Equity
      520,276
      552,287
      453,346
      479,706
      Statement of Income 2024-06-30 2024-03-31 2023-09-30 2023-06-30
      Total Revenue (Sales/Operating)
      105,127
      87,768
      69,408
      76,608
      Net Profit (Loss) before Zakat and Tax
      -6,472
      -3,922
      2,394
      -6,090
      Zakat and Income Tax
      -1,200
      -1,817
      -900
      -900
      Net Profit (Loss) after Zakat and Tax
      -7,672
      -5,739
      1,494
      -6,990
      Total Comprehensive Income
      -7,672
      -5,739
      1,494
      -6,990
      Profit (Loss) per Share
      -0.26
      -0.19
      0.03
      -0.14
      Cash Flows 2024-06-30 2024-03-31 2023-09-30 2023-06-30
      Net Cash From Operating Activities
      41,774
      61,659
      -34,214
      -8,901
      Net Cash From Investing Activities
      -76,232
      -55,141
      34,797
      19,934
      Net Cash From Financing Activities
      29,801
      -199
      -422
      -19
      Cash and Cash Equivalents, Beginning of the Period
      14,462
      14,462
      5,152
      5,152
      Cash and Cash Equivalents, End of the Period
      9,805
      20,781
      5,313
      16,166
      All Figures in Thousands Thousands Thousands Thousands
      All Currency In SAR SAR SAR SAR
      Last Update Date 2024-08-08 2024-05-15 2023-11-09 2023-10-09

      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.

      Display Previous Periods
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      • Announcements & Corporate Actions
      • Dividends
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      Shareholding Information

      • Board Of Directors
      • Foreign Ownership
      • Substantial Shareholders
      Time Period
      -
      Search
      Trading Date Shareholders Designation Shares Held Trading Day Shares Held Prev Trading Day Change
      2024-10-03 جمال عبدالله محمد علي الدباغ Chairman 0.0110000% 0.0110000% 0
      2024-10-03 محمد حسني جزيل Board of Directors 0.0020000% 0.0020000% 0
      2024-10-03 سعود عبدالعزيز عبدالله السليمان Board of Directors 0.0020000% 0.0020000% 0
      2024-10-03 طاهر محمد عمر اسحاق عقيل Board of Directors 0.0280000% 0.0280000% 0
      2024-10-03 خالد جعفر مصطفى اللقاني Senior Executives 0.0130000% 0.0130000% 0
      2024-10-03 ماجد ضياءالدين فضل كريم Board of Directors 0.0050000% 0.0050000% 0
      2024-10-03 محمد زاهر صلاح الدين عبدالله المنجد Board of Directors 0.0020000% 0.0020000% 0
      2024-10-03 عبدالوهاب مصعب عبدالوهاب ابوكويك Board of Directors 0.0197000% 0.0197000% 0
      2024-10-03 احمد سراج عبد الرحمن خوقير Board of Directors 0.0000200% 0.0000200% 0
      • The listed company (Publisher) shall be responsible for the accuracy of the published information pertaining to the ownership of the Board of Directors, Chief Executive Officer or highest executive position, and the Chief Financial Officer. The listed company shall also be responsible for updating these information thereof. Therefore, the Saudi Stock Exchange (Tadawul) shall not be liable for the information contained therein, nor for any consequences that may result from the said information.
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      Gulf General Cooperative Insurance Co.
      Price 11.72
      Market Cap (SAR MN) 350
      P/E Ratio -
      Index Name Index Level 1D Return
      Gulf General Cooperative Insurance Co. %
      Jump To:
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      Company Profile

      Company overview

      General and Medical Cooperative insurance

      Company History

      Gulf General Cooperative Insurance Company (GGI) was established with a capital of 200 million Saudi Riyals as a joint stock company pursuant to Ministerial Decree No. 365 dated 1/12/2008 and under Royal Decree No. M / 85 dated 3/12/2008. GGI ended its public offering on 9/10/2009. The General Assembly was held on 16/12/2009 and then obtained its Commercial Registration No. 4030196620 on 24/1/2010. GGI commenced its operations with the acquisition of the insurance portfolio of Saudi General Insurance Company and Gulf Cooperative Insurance Company.

      Company Bylaws

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      Equity Profile

      • Authorized Capital (SAR) 300,000,000
      • Issued Shares 30,000,000
      • Paid Capital (SAR) 300,000,000
      • Par Value/Share 10
      • Paid Up Value/Share 10

      Last Update :2024-03-20

      Investment limits

      There are no investment limits on the company's shares as per the amended Rules for Qualified Foreign Financial Institutions Investment in Listed Securities and Instructions for the Foreign Strategic Investors Ownership in Listed Companies based on company's bylaw and the issued instructions by the related regulators and supervisory authorities.

       

      • Company Details
      • BOARD OF DIRECTORS AND SENIOR EXECUTIVES INFORMATION
      • Date Established

        2009/12/16

      • Financial Year End

        31/12

      • Listing Date

        2010/02/08

      • External Auditors

        [KPMG Al Fozan and Partners, Al Kharashi & Co. (MAZARS)]

      • ISIN CODE

        SA12CG541219

      • Number of Employees

        161

      • Chairman

        Jamal Abdullah Al Dabbagh
        Non - Executive

        Jamal Abdullah Al Dabbagh
        • BD Session Start
          2022-04-11
          Designation
          Chairman
        • BD Session End
          2025-04-10
          Classification
          Non - Executive
      • Board of Directors

        Saud Abdulaziz Al Sulaiman Non - Executive

        Saud Abdulaziz Al Sulaiman
        • BD Session Start
          2022-04-11
          Designation
          Board of Directors
        • BD Session End
          2025-04-10
          Classification
          Non - Executive

        Mohamed Husnee Jazeel Non - Executive

        Mohamed Husnee Jazeel
        • BD Session Start
          2022-04-11
          Designation
          Board of Directors
        • BD Session End
          2025-04-10
          Classification
          Non - Executive

        Mohammad Zaher S. Al Munajjed Non - Executive

        Mohammad Zaher S. Al Munajjed
        • BD Session Start
          2022-04-11
          Designation
          Board of Directors
        • BD Session End
          2025-04-10
          Classification
          Non - Executive

        Majed Diaauddin Kareem Non - Executive

        Majed Diaauddin Kareem
        • BD Session Start
          2022-04-11
          Designation
          Board of Directors
        • BD Session End
          2025-04-10
          Classification
          Non - Executive

        Taher Mohammed Omar Agueel Non - Executive

        Taher Mohammed Omar Agueel
        • BD Session Start
          2022-04-11
          Designation
          Board of Directors
        • BD Session End
          2025-04-10
          Classification
          Non - Executive

        Ahmed Sirag Khogeer Independent

        Ahmed Sirag Khogeer
        • BD Session Start
          2022-04-11
          Designation
          Board of Directors
        • BD Session End
          2025-04-10
          Classification
          Independent

        Abdelwahab Musab Abukwaik Independent

        Abdelwahab Musab Abukwaik
        • BD Session Start
          2022-04-11
          Designation
          Board of Directors
        • BD Session End
          2025-04-10
          Classification
          Independent

        Faisal Adnan Baassiiri Independent

        Faisal Adnan Baassiiri
        • BD Session Start
          2022-04-11
          Designation
          Board of Directors
        • BD Session End
          2025-04-10
          Classification
          Independent
      • Senior Executives

        Khalid Gaafar Mustapha Allagany CEO

        Khalid Gaafar Mustapha Allagany
        • BD Session Start
          2022-12-12
          Designation
          Senior Executives
        • BD Session End
          -
          Classification
          CEO

        Ammar Fawaz Alsayrafi CFO

      Ammar Fawaz Alsayrafi
      • BD Session Start
        2021-12-12
        Designation
        Senior Executives
      • BD Session End
        -
        Classification
        CFO

      Investor Relations

      Contact Name:

      Dina Abdulrahman Alfadli

      Company Address:

      Off Medina Road - Ghaithy Plaza PO Box 1866 - Jeddah 21441 Kingdom of Saudi Arabia

      Contact Details:

      Telephone: 920001862 Ext 8986
      Fax : 00966-12-6510075
      Email : dalfadli@ggi-sa.com

      Company Website:

      www.ggi-sa.com


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      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.