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Gulf General Cooperative Insurance Co.

8260
GULF GENERAL
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  • Main Market
  • Insurance

Stats Overview

  • Prev. Close 14.78
  • Open 14.78
  • High 14.98
  • Low 14.32
  • No. of Trades 559
  • Avg. Trade size* 422
  • Volume Traded 235,628
  • Value Traded (SAR) 3,466,901.22

Performance

GULF GENERAL
-0.40 ( -2.71% )
Compare
Name Price Change %
Gulf General Cooperative Insurance Co. 14.78 -2.71%
Note: Prices are delayed minimum 5 minutes
  • *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

Trade Updates

Last Trade

Price
14.38
% Change
-2.71
Volume Traded
70

Best Bid

Price 14.32
Volume 209

Best Offer

Price 14.38
Volume 456

52 WEEK

High
17.00
2024/04/23
Low
11.34
2023/10/24
Change**
1.13

PERFORMANCE

Start of Year
13.29
Year ago
14.22
3 Years ago
25.4

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Announcements

  • Gulf General Cooperative Insurance Company Announces Receiving the Approval from the Insurance Authority of the Renewal of its License to practice insurance activity

    8260
    GULF GENERAL -2.71 %
    1445/11/19     27/05/2024 15:52:00
  • Gulf General Cooperative Insurance Co. announces its Interim Financial Results for the period ending on 2024-03-31 ( Three Months )

    8260
    GULF GENERAL -2.71 %
    1445/11/05     13/05/2024 08:03:00
  • Gulf General Cooperative Insurance Company Announces Appointment of a Financial Advisor to Manage Subscription to Right Issues

    8260
    GULF GENERAL -2.71 %
    1445/11/01     09/05/2024 15:54:02
  • Gulf General Insurance Company Announces the Deposit of the Amounts resulting from Selling Fractional Shares Following the Decrease of the Company’s Capital in the Accounts of Eligible Shareholders

    8260
    GULF GENERAL -2.71 %
    1445/10/05     14/04/2024 15:50:12
  • Gulf General Cooperative Insurance Co. Announces the Decrease of its Accumulated Losses to 14.71 % of the Capital

    8260
    GULF GENERAL -2.71 %
    1445/09/21     31/03/2024 09:01:38
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Corporate Actions

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    Past Events

      Jump To :
      • Announcements & Corporate Actions
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      Dividends

      Announced Date Eligibility Date Distribution Date Distribution Way Dividend Amount

      CompanyProfilev2Financials

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      Financials

      • FINANCIAL INFORMATION
      • FINANCIAL STATEMENTS AND REPORTS
      • Annually
      • Quarterly
      Balance Sheet 2023-12-31
      Total Assets
      490,197
      - - -
      Total Liabilities
      189,804
      - - -
      Total Shareholders Equity (After Deducting the Minority Equity)
      300,393
      - - -
      Total Liabilities and Shareholders Equity
      490,197
      - - -
      Statement of Income 2023-12-31
      Total Revenue (Sales/Operating)
      315,646
      - - -
      Net Profit (Loss) before Zakat and Tax
      6,319
      - - -
      Zakat and Income Tax
      -2,787
      - - -
      Net Profit (Loss) after Zakat and Tax
      3,532
      - - -
      Total Comprehensive Income
      6,739
      - - -
      Profit (Loss) per Share
      0.07
      - - -
      Cash Flow 2023-12-31
      Net Cash From Operating Activities
      16,742
      - - -
      Net Cash From Investing Activities
      -5,917
      - - -
      Net Cash From Financing Activities
      -1,514
      - - -
      Cash and Cash Equivalents, Beginning of the Period
      5,151
      - - -
      Cash and Cash Equivalents, End of the Period
      14,462
      - - -
      All Figures in Thousands
      All Currency In SAR
      Last Update Date 2024-04-15

      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 2024-03-31 2023-09-30 2023-06-30 2023-03-31
      Total Assets
      552,287
      453,346
      479,706
      498,735
      Total Liabilities
      257,633
      159,086
      186,940
      198,979
      Total Shareholders Equity (After Deducting the Minority Equity)
      294,654
      294,260
      292,766
      299,756
      Total Liabilities and Shareholders Equity
      552,287
      453,346
      479,706
      498,735
      Statement of Income 2024-03-31 2023-09-30 2023-06-30 2023-03-31
      Total Revenue (Sales/Operating)
      87,768
      69,408
      76,608
      88,671
      Net Profit (Loss) before Zakat and Tax
      -3,922
      2,394
      -6,090
      4,973
      Zakat and Income Tax
      -1,817
      -900
      -900
      -900
      Net Profit (Loss) after Zakat and Tax
      -5,739
      1,494
      -6,990
      4,073
      Total Comprehensive Income
      -5,739
      1,494
      -6,990
      4,073
      Profit (Loss) per Share
      -0.19
      0.03
      -0.14
      0.08
      Cash Flow 2024-03-31 2023-09-30 2023-06-30 2023-03-31
      Net Cash From Operating Activities
      61,659
      -34,214
      -8,901
      3,396
      Net Cash From Investing Activities
      -55,141
      34,797
      19,934
      9,936
      Net Cash From Financing Activities
      -199
      -422
      -19
      -220
      Cash and Cash Equivalents, Beginning of the Period
      14,462
      5,152
      5,152
      5,152
      Cash and Cash Equivalents, End of the Period
      20,781
      5,313
      16,166
      18,264
      All Figures in Thousands Thousands Thousands Thousands
      All Currency In SAR SAR SAR SAR
      Last Update Date 2024-05-15 2023-11-09 2023-10-09 2023-10-09

      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.

      Display Previous Periods
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      Shareholding Information

      • Board Of Directors
      • Foreign Ownership
      • Substantial Shareholders
      Time Period
      -
      Search
      Trading Date Shareholders Designation Shares Held Trading Day Shares Held Prev Trading Day Change
      2024-05-27 جمال عبدالله محمد علي الدباغ Chairman 0.0110000% 0.0110000% 0
      2024-05-27 محمد حسني جزيل Board of Directors 0.0020000% 0.0020000% 0
      2024-05-27 سعود عبدالعزيز عبدالله السليمان Board of Directors 0.0020000% 0.0020000% 0
      2024-05-27 طاهر محمد عمر اسحاق عقيل Board of Directors 0.0280000% 0.0280000% 0
      2024-05-27 خالد جعفر مصطفى اللقاني Senior Executives 0.0130000% 0.0130000% 0
      2024-05-27 ماجد ضياء الدين فضل كريم Board of Directors 0.0050000% 0.0050000% 0
      2024-05-27 محمد زاهر صلاح الدين عبدالله المنجد Board of Directors 0.0020000% 0.0020000% 0
      2024-05-27 عبدالوهاب مصعب عبدالوهاب ابوكويك Board of Directors 0.0117233% 0.0117233% 0
      2024-05-27 احمد سراج عبد الرحمن خوقير Board of Directors 0.0000200% 0.0000200% 0
      • The listed company (Publisher) shall be responsible for the accuracy of the published information pertaining to the ownership of the Board of Directors, Chief Executive Officer or highest executive position, and the Chief Financial Officer. The listed company shall also be responsible for updating these information thereof. Therefore, the Saudi Stock Exchange (Tadawul) shall not be liable for the information contained therein, nor for any consequences that may result from the said information.
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      Gulf General Cooperative Insurance Co.
      Price 14.38
      Market Cap (SAR MN) 443
      P/E Ratio -
      Index Name Index Level 1D Return
      Gulf General Cooperative Insurance Co. %
      Jump To:
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      Company Profile

      Company overview

      General and Medical Cooperative insurance

      Company History

      Gulf General Cooperative Insurance Company (GGI) was established with a capital of 200 million Saudi Riyals as a joint stock company pursuant to Ministerial Decree No. 365 dated 1/12/2008 and under Royal Decree No. M / 85 dated 3/12/2008. GGI ended its public offering on 9/10/2009. The General Assembly was held on 16/12/2009 and then obtained its Commercial Registration No. 4030196620 on 24/1/2010. GGI commenced its operations with the acquisition of the insurance portfolio of Saudi General Insurance Company and Gulf Cooperative Insurance Company.

      Company Bylaws

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      Equity Profile

      • Authorized Capital (SAR) 300,000,000
      • Issued Shares 30,000,000
      • Paid Capital (SAR) 300,000,000
      • Par Value/Share 10
      • Paid Up Value/Share 10

      Last Update :2024-03-20

      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
      • Date Established

        2009/12/16

      • Financial Year End

        31/12

      • Listing Date

        2010/02/08

      • External Auditors

        [KPMG Al Fozan and Partners, Ibrahim Ahmed Al-Bassam & Co. (PKF)]

      • ISIN CODE

        SA12CG541219

      • Number of Employees

        161

      • Chairman

        Jamal Abdullah Al Dabbagh
        Non - Executive

        Jamal Abdullah Al Dabbagh
        • BD Session Start
          2022-04-11
          Designation
          Chairman
        • BD Session End
          2025-04-10
          Classification
          Non - Executive
      • Board of Directors

        Saud Abdulaziz Al Sulaiman Non - Executive

        Saud Abdulaziz Al Sulaiman
        • BD Session Start
          2022-04-11
          Designation
          Board of Directors
        • BD Session End
          2025-04-10
          Classification
          Non - Executive

        Mohamed Husnee Jazeel Non - Executive

        Mohamed Husnee Jazeel
        • BD Session Start
          2022-04-11
          Designation
          Board of Directors
        • BD Session End
          2025-04-10
          Classification
          Non - Executive

        Mohammad Zaher S. Al Munajjed Non - Executive

        Mohammad Zaher S. Al Munajjed
        • BD Session Start
          2022-04-11
          Designation
          Board of Directors
        • BD Session End
          2025-04-10
          Classification
          Non - Executive

        Majed Diaauddin Kareem Non - Executive

        Majed Diaauddin Kareem
        • BD Session Start
          2022-04-11
          Designation
          Board of Directors
        • BD Session End
          2025-04-10
          Classification
          Non - Executive

        Taher Mohammed Omar Agueel Non - Executive

        Taher Mohammed Omar Agueel
        • BD Session Start
          2022-04-11
          Designation
          Board of Directors
        • BD Session End
          2025-04-10
          Classification
          Non - Executive

        Ahmed Sirag Khogeer Independent

        Ahmed Sirag Khogeer
        • BD Session Start
          2022-04-11
          Designation
          Board of Directors
        • BD Session End
          2025-04-10
          Classification
          Independent

        Abdelwahab Musab Abukwaik Independent

        Abdelwahab Musab Abukwaik
        • BD Session Start
          2022-04-11
          Designation
          Board of Directors
        • BD Session End
          2025-04-10
          Classification
          Independent

        Faisal Adnan Baassiiri Independent

        Faisal Adnan Baassiiri
        • BD Session Start
          2022-04-11
          Designation
          Board of Directors
        • BD Session End
          2025-04-10
          Classification
          Independent
      • Senior Executives

        Khalid Gaafar Mustapha Allagany CEO

        Khalid Gaafar Mustapha Allagany
        • BD Session Start
          2022-12-12
          Designation
          Senior Executives
        • BD Session End
          -
          Classification
          CEO

        Ammar Fawaz Alsayrafi CFO

      Ammar Fawaz Alsayrafi
      • BD Session Start
        2021-12-12
        Designation
        Senior Executives
      • BD Session End
        -
        Classification
        CFO

      Investor Relations

      Contact Name:

      Dina Abdulrahman Alfadli

      Company Address:

      Off Medina Road - Ghaithy Plaza PO Box 1866 - Jeddah 21441 Kingdom of Saudi Arabia

      Contact Details:

      Telephone: 920001862 Ext 8986
      Fax : 00966-12-6510075
      Email : dalfadli@ggi-sa.com

      Company Website:

      www.ggi-sa.com


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      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.