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The Mediterranean and Gulf Insurance and Reinsurance Co.
- Main Market
- Insurance
Stats Overview
-
Prev. Close 22.00
-
Open 21.98
-
High 22.36
-
Low 21.94
-
No. of Trades 1,277
-
Avg. Trade size* 334
-
Volume Traded 426,872
-
Value Traded (^) 9,458,706.48
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
PERFORMANCE
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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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- Announcements & Corporate Actions
- Dividends
- Financials
- Shareholding
- Peer Comparison
- 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 | ^ | |||
| 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 | 2024-09-30 | 2024-06-30 | 2024-03-31 | 2023-09-30 |
|---|---|---|---|---|
| Total Assets |
2,987,696
|
3,026,587
|
3,164,764
|
3,683,991
|
| Total Liabilities |
1,971,523
|
2,049,298
|
2,221,083
|
2,843,259
|
| Total Shareholders Equity (After Deducting the Minority Equity) |
1,016,173
|
977,289
|
943,681
|
840,732
|
| Total Liabilities and Shareholders Equity |
2,987,696
|
3,026,587
|
3,164,764
|
3,683,991
|
| Statement of Income | 2024-09-30 | 2024-06-30 | 2024-03-31 | 2023-09-30 |
| Total Revenue (Sales/Operating) |
900,418
|
875,908
|
833,625
|
878,356
|
| Net Profit (Loss) before Zakat and Tax |
40,424
|
39,124
|
27,261
|
43,786
|
| Zakat and Income Tax |
-1,303
|
-5,516
|
-1,000
|
-4,000
|
| Net Profit (Loss) after Zakat and Tax |
39,121
|
33,608
|
26,261
|
39,786
|
| Total Comprehensive Income |
38,884
|
33,608
|
26,261
|
33,241
|
| Profit (Loss) per Share |
0.37
|
0.32
|
0.25
|
0.38
|
| Cash Flows | 2024-09-30 | 2024-06-30 | 2024-03-31 | 2023-09-30 |
| Net Cash From Operating Activities |
102,357
|
35,583
|
91,993
|
-53,090
|
| Net Cash From Investing Activities |
73,525
|
-50,884
|
132,877
|
146,571
|
| Net Cash From Financing Activities |
-8,946
|
-4,812
|
-4,812
|
9,190
|
| Cash and Cash Equivalents, Beginning of the Period |
440,570
|
440,570
|
440,570
|
430,931
|
| Cash and Cash Equivalents, End of the Period |
607,506
|
420,457
|
660,628
|
515,222
|
| All Figures in | Thousands | Thousands | Thousands | Thousands |
| All Currency In | ^ | ^ | ^ | ^ |
| Last Update Date | 2024-11-18 | 2024-08-12 | 2024-05-20 | 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, Mediterranean & Gulf Insurance and Reinsurance Company (MEDGULF) offers exceptional coverage across all branches of insurance, including reinsurance, general insurance, protection and savings plans, and health insurance. These services are provided in accordance with Cooperative Insurance Regulations and its implementing regulations, under the oversight of the Insurance Authority, the official body responsible for regulating the insurance sector in Saudi Arabia.
Company History
MEDGULF is one of the largest and most prestigious insurance companies in the Kingdom of Saudi Arabia. It began it journey 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, and with Commercial Register No. 1010231925 dated 08/04/1428 H corresponding to 26/4/2007. The Insurance Authority also issued the company''s license No. 3/3/1979 on 29/08/1428 H corresponding to 11/09/2007 to practice in the fields of insurance and reinsurance, covering the following branches: reinsurance, general insurance, health insurance, and protection and savings insurance
Company Bylaws
Equity Profile
- Authorized Capital (^) 1,050,000,000
- Issued Shares 105,000,000
- Paid Capital (^) 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.
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