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Allied Cooperative Insurance Group
- Main Market
- Insurance
Stats Overview
-
Prev. Close 13.02
-
Open 12.98
-
High 13.18
-
Low 12.94
-
No. of Trades 286
-
Avg. Trade size* 383
-
Volume Traded 109,513
-
Value Traded (SAR) 1,429,565.74
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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Announcements
Corporate Actions
- Announcements & Corporate Actions
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- Peer Comparison
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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 | 2023-12-31 | |||
|---|---|---|---|---|
| Total Assets |
929,554
|
- | - | - |
| Total Liabilities |
675,211
|
- | - | - |
| Total Shareholders Equity (After Deducting the Minority Equity) |
254,343
|
- | - | - |
| Total Liabilities and Shareholders Equity |
929,554
|
- | - | - |
| Statement of Income | 2023-12-31 | |||
| Total Revenue (Sales/Operating) |
974,681
|
- | - | - |
| Net Profit (Loss) before Zakat and Tax |
72,206
|
- | - | - |
| Zakat and Income Tax |
-8,800
|
- | - | - |
| Net Profit (Loss) after Zakat and Tax |
63,406
|
- | - | - |
| Total Comprehensive Income |
65,396
|
- | - | - |
| Profit (Loss) per Share |
2.18
|
- | - | - |
| Cash Flows | 2023-12-31 | |||
| Net Cash From Operating Activities |
139,649
|
- | - | - |
| Net Cash From Investing Activities |
-480,540
|
- | - | - |
| Net Cash From Financing Activities |
-1,806
|
- | - | - |
| Cash and Cash Equivalents, Beginning of the Period |
484,331
|
- | - | - |
| Cash and Cash Equivalents, End of the Period |
141,634
|
- | - | - |
| All Figures in | Thousands | |||
| All Currency In | SAR | |||
| Last Update Date | 2024-03-21 |
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 |
996,970
|
977,087
|
907,621
|
930,688
|
| Total Liabilities |
711,810
|
694,856
|
628,284
|
695,379
|
| Total Shareholders Equity (After Deducting the Minority Equity) |
285,160
|
282,231
|
279,337
|
235,309
|
| Total Liabilities and Shareholders Equity |
996,970
|
977,087
|
907,621
|
930,688
|
| Statement of Income | 2024-09-30 | 2024-06-30 | 2024-03-31 | 2023-09-30 |
| Total Revenue (Sales/Operating) |
251,842
|
215,718
|
231,419
|
256,183
|
| Net Profit (Loss) before Zakat and Tax |
-72
|
7,890
|
26,594
|
34,599
|
| Zakat and Income Tax |
3,000
|
-5,000
|
-1,600
|
-2,300
|
| Net Profit (Loss) after Zakat and Tax |
2,928
|
2,890
|
24,994
|
32,299
|
| Total Comprehensive Income |
2,928
|
2,890
|
24,994
|
32,299
|
| Profit (Loss) per Share |
0.1
|
0.1
|
0.86
|
1.11
|
| Cash Flows | 2024-09-30 | 2024-06-30 | 2024-03-31 | 2023-09-30 |
| Net Cash From Operating Activities |
-4,850
|
-7,273
|
-60,056
|
169,005
|
| Net Cash From Investing Activities |
1,307
|
-36,363
|
8,396
|
25,182
|
| Net Cash From Financing Activities |
-3,482
|
-1,801
|
-3,482
|
-1,334
|
| Cash and Cash Equivalents, Beginning of the Period |
141,633
|
141,633
|
141,633
|
484,331
|
| Cash and Cash Equivalents, End of the Period |
134,608
|
96,196
|
86,491
|
677,184
|
| All Figures in | Thousands | Thousands | Thousands | Thousands |
| All Currency In | SAR | SAR | SAR | SAR |
| Last Update Date | 2024-11-05 | 2024-08-07 | 2024-05-13 | 2023-11-07 |
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
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- Company Profile
Company Profile
Company overview
Offering a wide array of cooperative insurance based services and solutions including but not limited to Motor Insurance, Medical Insurance, Property Insurance, Construction and Engineering based Insurance, Marine Insurance and Aviation Insurance.
Company History
ACIG enjoys the reputation of being one of the foremost Cooperative Insurance companies in the Kingdom of Saudi Arabia while firmly adhering to the principles and teachings of Islamic shari a. ACIG has been offering its clients a wide array of Islamic based Cooperative Insurance solutions aimed at individuals and groups/corporations alike. By offering well rounded and highly competitive Cooperative Insurance solutions, we have been able to cater to our clients needs as we position the client at the center of ACIG. ACIG has been licensed and approved as a publicly traded company in accordance with the royal decree issued on 10/2006. The activities of the Company are to transact cooperative insurance operations and related activities in the Kingdom of Saudi Arabia. On 4 April 2009, the Company received license from the Saudi Arabian Monetary Agency (SAMA) to engage in insurance in Saudi Arabia. The Company commenced its commercial operations on 1 July 2009.
Company Bylaws
Equity Profile
- Authorized Capital (SAR) 291,000,000
- Issued Shares 29,100,000
- Paid Capital (SAR) 291,000,000
- Par Value/Share 10
- Paid Up Value/Share 10
Last Update :2021-12-30
Investment limits
There are no investment limits on the company 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 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:
Abdulmajeed Alomair
Company Address:
Riyadh - Hteen district Prince Turki bin Abdulaziz first road PO Box 40523 | Riyadh 11511
Contact Details:
Telephone:
0114852626
Fax
: 0114890555
Email
: abdulmajeed.alomair@acig.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.