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The Mediterranean and Gulf Insurance and Reinsurance Co.
- Main Market
- Insurance
Stats Overview
-
Prev. Close 23.54
-
Open 23.48
-
High 23.48
-
Low 22.74
-
No. of Trades 913
-
Avg. Trade size* 270
-
Volume Traded 246,845
-
Value Traded (SAR) 5,682,596.84
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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52 WEEK
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- Announcements & Corporate Actions
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- Peer Comparison
- Company Profile
Announcements
Corporate Actions
- Announcements & Corporate Actions
- Dividends
- Financials
- Shareholding
- Peer Comparison
- Company Profile
Dividends
| Announced Date | Eligibility Date | Distribution Date | Distribution Way | Dividend Amount |
|---|---|---|---|---|
| 11/02/2012 | 31/03/2012 | 15/04/2012 | Account Transfer | 2.00 |
| 29/03/2011 | 08/05/2011 | 06/06/2011 | Account Transfer | 1.25 |
| 03/03/2010 | 05/04/2010 | 03/05/2010 | Account Transfer | 0.75 |
CompanyProfilev2Financials
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- Dividends
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- Company Profile
Financials
- FINANCIAL INFORMATION
- FINANCIAL STATEMENTS AND REPORTS
- Annually
- Quarterly
| Balance Sheet | 2023-12-31 | |||
|---|---|---|---|---|
| Total Assets |
3,120,006
|
- | - | - |
| Total Liabilities |
2,202,586
|
- | - | - |
| Total Shareholders Equity (After Deducting the Minority Equity) |
917,420
|
- | - | - |
| Total Liabilities and Shareholders Equity |
3,120,006
|
- | - | - |
| Statement of Income | 2023-12-31 | |||
| Total Revenue (Sales/Operating) |
3,332,154
|
- | - | - |
| Net Profit (Loss) before Zakat and Tax |
195,670
|
- | - | - |
| Zakat and Income Tax |
5,802
|
- | - | - |
| Net Profit (Loss) after Zakat and Tax |
201,472
|
- | - | - |
| Total Comprehensive Income |
210,702
|
- | - | - |
| Profit (Loss) per Share |
1.92
|
- | - | - |
| Cash Flows | 2023-12-31 | |||
| Net Cash From Operating Activities |
67,753
|
- | - | - |
| Net Cash From Investing Activities |
-48,973
|
- | - | - |
| Net Cash From Financing Activities |
-9,141
|
- | - | - |
| Cash and Cash Equivalents, Beginning of the Period |
430,931
|
- | - | - |
| Cash and Cash Equivalents, End of the Period |
440,570
|
- | - | - |
| All Figures in | Thousands | |||
| All Currency In | SAR | |||
| Last Update Date | 2024-03-28 |
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 |
3,026,587
|
3,164,764
|
3,683,991
|
3,938,072
|
| Total Liabilities |
2,049,298
|
2,221,083
|
2,843,259
|
3,130,581
|
| Total Shareholders Equity (After Deducting the Minority Equity) |
977,289
|
943,681
|
840,732
|
807,491
|
| Total Liabilities and Shareholders Equity |
3,026,587
|
3,164,764
|
3,683,991
|
3,938,072
|
| Statement of Income | 2024-06-30 | 2024-03-31 | 2023-09-30 | 2023-06-30 |
| Total Revenue (Sales/Operating) |
875,908
|
833,625
|
878,356
|
874,180
|
| Net Profit (Loss) before Zakat and Tax |
39,124
|
27,261
|
43,786
|
64,578
|
| Zakat and Income Tax |
-5,516
|
-1,000
|
-4,000
|
- |
| Net Profit (Loss) after Zakat and Tax |
33,608
|
26,261
|
39,786
|
64,578
|
| Total Comprehensive Income |
33,608
|
26,261
|
33,241
|
64,578
|
| Profit (Loss) per Share |
0.32
|
0.25
|
0.38
|
0.62
|
| Cash Flows | 2024-06-30 | 2024-03-31 | 2023-09-30 | 2023-06-30 |
| Net Cash From Operating Activities |
35,583
|
91,993
|
-53,090
|
72,926
|
| Net Cash From Investing Activities |
-50,884
|
132,877
|
146,571
|
69,165
|
| Net Cash From Financing Activities |
-4,812
|
-4,812
|
9,190
|
- |
| Cash and Cash Equivalents, Beginning of the Period |
440,570
|
440,570
|
430,931
|
430,931
|
| Cash and Cash Equivalents, End of the Period |
420,457
|
660,628
|
515,222
|
573,022
|
| All Figures in | Thousands | Thousands | Thousands | Thousands |
| All Currency In | SAR | SAR | SAR | SAR |
| Last Update Date | 2024-08-12 | 2024-05-20 | 2024-02-11 | 2024-02-11 |
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
Peer Comparison
- Announcements & Corporate Actions
- Dividends
- Financials
- Shareholding
- Peer Comparison
- Company Profile
Company Profile
Company overview
As one of the largest insurance companies in the Kingdom of Saudi Arabia, MedGulf offer many insurance products such as medical insurance, protection & saving , Motor insurance and general insurance under the supervision of the Saudi Arabian Monetary Agency (SAMA) and its Implementing regulations of the Cooperative insurance companies control Law and other applicable regulations and instructions ongoing in the Kingdom of Saudi Arabia which enable her to be is one of the leading company specialized in providing insurance services in the Saudi insurance market. The company also Boasts itself on its most important values, which is to take care of her customers and provide them with higher level of expectations, in addition, its geographic presence through point of sale and dealing with a wide network of brokers and agents, which allow the company to provide a high geographical coverage and reach a large amount of customers in the Kingdom.
Company History
MedGulf is one of the largest and oldest insurance companies in the Kingdom of Saudi Arabia ,It began her operation in 1995 under an agency contract , and was established independently by Royal Decree No. M / 60 dated 18/9/1427 H corresponding to 11/10/2006 AD, and with Commercial Register No. 1010231925 dated 08/04/1428 H corresponding to 26/4/2007, The Saudi Arabian Monetary Agency (SAMA) issued the Company''''s license No. (3/3/1979) dated 29/08 / 1428H to practice insurance activities in the following line of business : General insurance, Health insurance and protection and savings insurance.
Company Bylaws
Equity Profile
- Authorized Capital (SAR) 1,050,000,000
- Issued Shares 105,000,000
- Paid Capital (SAR) 1,050,000,000
- Par Value/Share 10
- Paid Up Value/Share 10
Last Update :2021-11-04
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
Investor Relations
Contact Name:
Shareholders Relations
Company Address:
Al-Maather street al futuro tower P.O.BOX 2302 Riyadh 11451 Kingdom of Saudi Arabia
Contact Details:
Telephone:
011-4055550
Fax
: 011-4055588
Email
: investorsrelations@medgulf.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.