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Saudi Arabian Cooperative Insurance Co.
- Main Market
- Insurance
Stats Overview
-
Prev. Close 15.66
-
Open 15.62
-
High 15.74
-
Low 15.30
-
No. of Trades 410
-
Avg. Trade size* 244
-
Volume Traded 100,178
-
Value Traded (^) 1,550,610.76
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
- Announcements & Corporate Actions
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Dividends
| Announced Date | Eligibility Date | Distribution Date | Distribution Way | Dividend Amount |
|---|
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Financials
- FINANCIAL INFORMATION
- FINANCIAL STATEMENTS AND REPORTS
- Annually
- Quarterly
| Balance Sheet | 2024-12-31 | 2023-12-31 | ||
|---|---|---|---|---|
| Total Assets |
1,964,290
|
2,128,264
|
- | - |
| Total Liabilities |
1,582,458
|
1,814,662
|
- | - |
| Total Shareholders Equity (After Deducting the Minority Equity) |
381,832
|
313,602
|
- | - |
| Total Liabilities and Shareholders Equity |
1,964,290
|
2,128,264
|
- | - |
| Statement of Income | 2024-12-31 | 2023-12-31 | ||
| Total Revenue (Sales/Operating) |
1,080,637
|
1,044,519
|
- | - |
| Net Profit (Loss) before Zakat and Tax |
53,985
|
78,333
|
- | - |
| Zakat and Income Tax |
-4,667
|
-7,235
|
- | - |
| Net Profit (Loss) after Zakat and Tax |
49,318
|
71,098
|
- | - |
| Total Comprehensive Income |
68,230
|
78,164
|
- | - |
| Profit (Loss) per Share |
1.64
|
2.37
|
- | - |
| Cash Flows | 2024-12-31 | 2023-12-31 | ||
| Net Cash From Operating Activities |
184,315
|
18,708
|
- | - |
| Net Cash From Investing Activities |
-260,245
|
112,524
|
- | - |
| Net Cash From Financing Activities | - | - | - | - |
| Cash and Cash Equivalents, Beginning of the Period |
174,304
|
43,072
|
- | - |
| Cash and Cash Equivalents, End of the Period |
98,374
|
174,304
|
- | - |
| All Figures in | Thousands | Thousands | ||
| All Currency In | ^ | ^ | ||
| Last Update Date | 2025-04-15 | 2024-05-19 |
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 |
1,961,956
|
1,956,683
|
2,225,878
|
1,568,540
|
| Total Liabilities |
1,611,199
|
1,618,031
|
1,909,068
|
1,274,534
|
| Total Shareholders Equity (After Deducting the Minority Equity) |
350,757
|
338,652
|
316,810
|
294,006
|
| Total Liabilities and Shareholders Equity |
1,961,956
|
1,956,683
|
2,225,878
|
1,568,540
|
| Statement of Income | 2024-09-30 | 2024-06-30 | 2024-03-31 | 2023-09-30 |
| Total Revenue (Sales/Operating) |
268,555
|
259,109
|
277,032
|
254,096
|
| Net Profit (Loss) before Zakat and Tax |
14,149
|
23,886
|
5,252
|
24,065
|
| Zakat and Income Tax |
-2,044
|
-2,044
|
-2,044
|
-1,848
|
| Net Profit (Loss) after Zakat and Tax |
12,105
|
21,842
|
3,208
|
22,217
|
| Total Comprehensive Income |
12,105
|
21,842
|
3,208
|
22,217
|
| Profit (Loss) per Share |
0.4
|
0.73
|
0.11
|
0.74
|
| Cash Flows | 2024-09-30 | 2024-06-30 | 2024-03-31 | 2023-09-30 |
| Net Cash From Operating Activities |
111,045
|
104,590
|
29,461
|
-33,588
|
| Net Cash From Investing Activities |
-177,623
|
-178,306
|
-76,714
|
319,387
|
| Net Cash From Financing Activities | - | - | - | - |
| Cash and Cash Equivalents, Beginning of the Period |
174,304
|
174,304
|
174,304
|
39,336
|
| Cash and Cash Equivalents, End of the Period |
107,726
|
100,588
|
127,051
|
325,135
|
| All Figures in | Thousands | Thousands | Thousands | Thousands |
| All Currency In | ^ | ^ | ^ | ^ |
| Last Update Date | 2024-11-13 | 2024-08-13 | 2024-05-22 | 2024-05-19 |
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 company activity has started in 1952, before Issuance of the Cooperative Insurance Companies Control on the basis of royal decree No. M/32 dated 2/6/1424 and its Implementing Regulations. The activity of the company was through Saudi Arabian Cooperative Insurance Company that issued by Saudi investors in Bahrain. After the issuance of the new regulations in Saudi insurance market, the company has established as a Saudi Joint Stock Company based on the decision of the Minister of Commerce and Industry No. 193 dated 21/7/1428.under the supervision and controlled by Insurance Authority.
Company History
The company selected Riyadh to be the head office location, the company aim is practicing the general insurance activity, medical insurance, and saving and protection insurance to provide the products such as Motor insurance, Marine cargo,Hull insurance, fire Property insurance, Medical, Engineering Insurance, Aviation insurance, Energy Insurance, and variety accidents
Company Bylaws
Equity Profile
- Authorized Capital (^) 300,000,000
- Issued Shares 30,000,000
- Paid Capital (^) 300,000,000
- Par Value/Share 10
- Paid Up Value/Share 10
Last Update :2018-06-10
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 companys 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:
Abdulrahman Nasser Alsaad
Company Address:
Platinum Center ALsitten St. P.O Box 58073 Riyadh 11594
Contact Details:
Telephone:
011-8749666
Fax
: 011-4751197
Email
: investor.relations@saico.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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