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Walaa Cooperative Insurance Co.
- Main Market
- Insurance
Stats Overview
-
Prev. Close 18.74
-
Open 18.76
-
High 19.20
-
Low 18.66
-
No. of Trades 2,430
-
Avg. Trade size* 827
-
Volume Traded 2,009,919
-
Value Traded (^) 38,144,973.56
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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Announcements
Corporate Actions
- Announcements & Corporate Actions
- Dividends
- Financials
- Shareholding
- Peer Comparison
- Company Profile
Dividends
| Announced Date | Eligibility Date | Distribution Date | Distribution Way | Dividend Amount |
|---|---|---|---|---|
| 09/04/2019 | 21/05/2019 | 10/06/2019 | Account Transfer | ^1.00 |
CompanyProfilev2Financials
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Financials
- FINANCIAL INFORMATION
- FINANCIAL STATEMENTS AND REPORTS
- Annually
- Quarterly
| Balance Sheet | 2024-12-31 | 2023-12-31 | ||
|---|---|---|---|---|
| Total Assets |
4,765,913
|
4,107,249
|
- | - |
| Total Liabilities |
2,941,895
|
2,838,794
|
- | - |
| Total Shareholders Equity (After Deducting the Minority Equity) |
1,831,581
|
1,271,795
|
- | - |
| Total Liabilities and Shareholders Equity |
4,765,913
|
4,107,249
|
- | - |
| Statement of Income | 2024-12-31 | 2023-12-31 | ||
| Total Revenue (Sales/Operating) |
3,344,580
|
2,887,642
|
- | - |
| Net Profit (Loss) before Zakat and Tax |
83,053
|
162,977
|
- | - |
| Zakat and Income Tax |
-18,750
|
-15,000
|
- | - |
| Net Profit (Loss) after Zakat and Tax |
64,303
|
147,977
|
- | - |
| Total Comprehensive Income |
95,402
|
155,496
|
- | - |
| Profit (Loss) per Share |
0.62
|
1.74
|
- | - |
| Cash Flows | 2024-12-31 | 2023-12-31 | ||
| Net Cash From Operating Activities |
65,575
|
422,928
|
- | - |
| Net Cash From Investing Activities |
-24,798
|
-440,574
|
- | - |
| Net Cash From Financing Activities |
409,080
|
-4,153
|
- | - |
| Cash and Cash Equivalents, Beginning of the Period |
512,411
|
534,210
|
- | - |
| Cash and Cash Equivalents, End of the Period |
962,268
|
512,411
|
- | - |
| All Figures in | Thousands | Thousands | ||
| All Currency In | ^ | ^ | ||
| Last Update Date | 2025-03-23 | 2024-03-20 |
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 | 2023-09-30 | 2023-06-30 | 2023-03-31 | |
|---|---|---|---|---|
| Total Assets |
3,907,464
|
3,556,628
|
3,450,651
|
|
| Total Liabilities |
2,688,301
|
2,377,240
|
2,309,908
|
|
| Total Shareholders Equity (After Deducting the Minority Equity) |
1,219,163
|
1,179,388
|
1,140,743
|
|
| Total Liabilities and Shareholders Equity |
3,907,464
|
3,556,628
|
3,450,651
|
|
| Statement of Income | 2023-09-30 | 2023-06-30 | 2023-03-31 | |
| Total Revenue (Sales/Operating) |
741,667
|
705,187
|
659,637
|
|
| Net Profit (Loss) before Zakat and Tax |
44,775
|
41,145
|
26,807
|
|
| Zakat and Income Tax |
-5,000
|
-2,500
|
-2,500
|
|
| Net Profit (Loss) after Zakat and Tax |
39,775
|
38,645
|
24,307
|
|
| Total Comprehensive Income |
39,775
|
38,645
|
24,307
|
|
| Profit (Loss) per Share |
0.47
|
0.45
|
0.29
|
|
| Cash Flows | 2023-09-30 | 2023-06-30 | 2023-03-31 | |
| Net Cash From Operating Activities |
229,345
|
73,246
|
-11,561
|
|
| Net Cash From Investing Activities |
-160,628
|
-116,766
|
-44,237
|
|
| Net Cash From Financing Activities |
-3,774
|
- | - | |
| Cash and Cash Equivalents, Beginning of the Period |
534,210
|
534,210
|
534,210
|
|
| Cash and Cash Equivalents, End of the Period |
599,153
|
490,690
|
478,412
|
|
| All Figures in | Thousands | Thousands | Thousands | |
| All Currency In | ^ | ^ | ^ | |
| Last Update Date | 2023-11-12 | 2023-10-16 | 2023-10-16 |
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
It is Insurance and Reinsurance Company licensed by Insurance Authority for practicing insurance (General, Medical, Motor and protection and savings insurance) and reinsurance.
Company History
A Saudi joint stock company licensed in accordance with the provisions of the Cooperative Insurance Companies Control Law and the rules and regulations issued by the supervisory and authorities in the Kingdom of Saudi Arabia. Walaa Company was established in 2007 as a joint stock company with a capital of 200 million Saudi riyals, and with a permit from the Insurance Authority to carry out insurance and reinsurance business where the company is subject to the supervision of the Insurance Authority. Head quarter located in AlKhobar, Eastern Province, and has regional offices in Riyadh and Jeddah. The company has worked to continuously to develop its business and employees also increased its capital through Rights Issue, as well as the completion of the first merger in the Saudi insurance sector with MetLife AIG ANB Cooperative Insurance Co., and second merger with SABB Takaful
Company Bylaws
Equity Profile
- Authorized Capital (^) 1,275,583,250
- Issued Shares 127,558,325
- Paid Capital (^) 1,275,583,250
- Par Value/Share 10
- Paid Up Value/Share 10
Last Update :2024-11-27
Investment limits
There are no investment limits on the company's shares as per the amended Rule for Qualified Foreign Financial Institutions Investments in Listed Securitas 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:
Khalid Ahmed Omran
Company Address:
4513, Adh Dhahran Al Khubar Al Janubiyah Unit No: 8 Al-Khobar 34621-8615
Contact Details:
Telephone:
0138299405
Fax
: 0138299405
Email
: Walaa@walaa.com
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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