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Al-Etihad Cooperative Insurance Co.
- Main Market
- Insurance
Stats Overview
-
Prev. Close 19.60
-
Open 19.62
-
High 19.66
-
Low 19.12
-
No. of Trades 609
-
Avg. Trade size* 313
-
Volume Traded 190,792
-
Value Traded (SAR) 3,694,989.94
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
- Dividends
- Financials
- Shareholding
- Peer Comparison
- Company Profile
Dividends
| Announced Date | Eligibility Date | Distribution Date | Distribution Way | Dividend Amount |
|---|---|---|---|---|
| 15/04/2024 | 29/05/2024 | 10/06/2024 | Account Transfer | 0.60 |
CompanyProfilev2Financials
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Financials
- FINANCIAL INFORMATION
- FINANCIAL STATEMENTS AND REPORTS
- Annually
- Quarterly
| Balance Sheet | 2023-12-31 | |||
|---|---|---|---|---|
| Total Assets |
1,869,813
|
- | - | - |
| Total Liabilities |
1,198,193
|
- | - | - |
| Total Shareholders Equity (After Deducting the Minority Equity) |
671,620
|
- | - | - |
| Total Liabilities and Shareholders Equity |
1,869,813
|
- | - | - |
| Statement of Income | 2023-12-31 | |||
| Total Revenue (Sales/Operating) |
1,202,169
|
- | - | - |
| Net Profit (Loss) before Zakat and Tax |
103,896
|
- | - | - |
| Zakat and Income Tax |
-10,000
|
- | - | - |
| Net Profit (Loss) after Zakat and Tax |
93,896
|
- | - | - |
| Total Comprehensive Income |
135,006
|
- | - | - |
| Profit (Loss) per Share |
2.09
|
- | - | - |
| Cash Flows | 2023-12-31 | |||
| Net Cash From Operating Activities |
280,987
|
- | - | - |
| Net Cash From Investing Activities |
-393,480
|
- | - | - |
| Net Cash From Financing Activities | - | - | - | - |
| Cash and Cash Equivalents, Beginning of the Period |
189,867
|
- | - | - |
| Cash and Cash Equivalents, End of the Period |
77,374
|
- | - | - |
| All Figures in | Thousands | |||
| All Currency In | SAR | |||
| Last Update Date | 2024-03-19 |
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 | 2024-06-30 | 2024-03-31 | 2023-09-30 | 2023-06-30 |
|---|---|---|---|---|
| Total Assets |
1,636,432
|
1,774,870
|
1,720,937
|
1,549,485
|
| Total Liabilities |
939,763
|
1,100,590
|
1,076,605
|
913,336
|
| Total Shareholders Equity (After Deducting the Minority Equity) |
696,669
|
674,280
|
644,332
|
636,149
|
| Total Liabilities and Shareholders Equity |
1,636,432
|
1,774,870
|
1,720,937
|
1,549,485
|
| Statement of Income | 2024-06-30 | 2024-03-31 | 2023-09-30 | 2023-06-30 |
| Total Revenue (Sales/Operating) |
366,425
|
371,359
|
325,751
|
275,452
|
| Net Profit (Loss) before Zakat and Tax |
51,389
|
4,660
|
10,183
|
53,568
|
| Zakat and Income Tax |
-2,000
|
-2,000
|
-2,000
|
-4,000
|
| Net Profit (Loss) after Zakat and Tax |
49,389
|
2,660
|
8,183
|
49,568
|
| Total Comprehensive Income |
49,389
|
2,660
|
8,183
|
49,568
|
| Profit (Loss) per Share |
0.99
|
0.06
|
0.18
|
1.1
|
| Cash Flows | 2024-06-30 | 2024-03-31 | 2023-09-30 | 2023-06-30 |
| Net Cash From Operating Activities |
-214,475
|
-116,662
|
133,461
|
-31,082
|
| Net Cash From Investing Activities |
254,054
|
119,825
|
-253,309
|
18,345
|
| Net Cash From Financing Activities |
-27,000
|
- | - | - |
| Cash and Cash Equivalents, Beginning of the Period |
77,374
|
77,374
|
189,867
|
189,867
|
| Cash and Cash Equivalents, End of the Period |
89,953
|
80,537
|
70,019
|
177,130
|
| All Figures in | Thousands | Thousands | Thousands | Thousands |
| All Currency In | SAR | SAR | SAR | SAR |
| Last Update Date | 2024-08-11 | 2024-05-15 | 2023-11-09 | 2023-10-25 |
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 provides all Insurance services supported by highly rated re-insurers and based on the principles of the Cooperative Insurance and in line with the instructions of the Directorate of Insurance Supervision and its Executive list under the supervision of Saudi Monetary Agency. The Company provides Property insurance including but not limited to (Fire & Burglary, Loss of Profit, Property All Risk, Terrorism & Riots), General Accidents insurance including but not limited to (Public Liability, Workmen Compensation, Professional Indemnity, Cash in Safe, Cash in Transit, Fidelity Guarantee, Personal Accidents, Glass, Bankers Blanket Bond, Employees Indemnity, Medical Malpractice, Travel Insurance, Extended Warranty), Marine & Aviation Insurance including but not limited to (Goods in Transit, Carrier Indemnity, Marine Hull & Machinery) , Motor Insurance, Medical Insurance, Engineering Insurance including but not limited to (Contractors All Risk, Erection All Risk, Machinery Breakdown, Electric Machinery, Contractors Machinery, Inventory Deterioration, in addition to other special insurance services during operations of projects.
Company History
Al Etihad Cooperative Insurance Co. is a public listed company incorporated by the ministry council resolution No. (95) dated 14/3/1428 H and the Royal Decree No (M/25) dated 14/3/1428 H as a cooperative insurance company in the Kingdom of Saudi Arabia. The paid up capital of the company is SAR 400 million. The company is considered a prolongation to Trade Union Insurance Co. B.S.C (C) which since it''s incorporation in 1983 had conducted its operations in the kingdom of Saudi Arabia through its head office and Five branches spread in the main cities of the kingdom.
Company Bylaws
Equity Profile
- Authorized Capital (SAR) 500,000,000
- Issued Shares 50,000,000
- Paid Capital (SAR) 500,000,000
- Par Value/Share 10
- Paid Up Value/Share 10
Last Update :2024-05-30
Investment limits
There are no investment limits on the companys 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:
Ahmad Abulebdeh
Company Address:
p.o Box 1022 Al Abdulkarim Tower, 8514 King Fahad bin Abdulaziz Road, Al-Qashlah District, Unit No 15, Dhahran 34232-4233
Contact Details:
Telephone:
00966138164555
Fax
: 00966138147608
Email
: info@tui-sa.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.