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Allied Cooperative Insurance Group announces its Interim Financial Results for the period ending on 2025-03-31 ( Three Months )

8150
ACIG
1.23 %
1446/11/13     11/05/2025 08:06:56

Element ListCurrent QuarterSimilar quarter for previous year%ChangePrevious Quarter% Change
Insurance Revenues 187,788231,419-18.853184,3741.851
Result of Insurance Services 25,61328,857-11.241-23,591-
Net Profit (Loss) of The Insurance Results 17,75422,250-20.206-45,159-
Net Profit (Loss) of The Investment Results 5,06510,525-51.8769,539-46.902
Net Insurance Financing Expenses -1,1572,260-401-
Net Profit (Loss), After Zakat, Attributable To Shareholders 13,96424,994-44.13-47,300-
Total Comprehensive Income 16,45524,994-34.164-30,111-
All figures are in (Thousands) Saudi Arabia, Riyals


Element ListCurrent PeriodSimilar period for previous year%Change
Total Shareholders Equity (after Deducting Minority Equity) 269,438279,337-3.543
Profit (Loss) per Share 0.480.86
All figures are in (Thousands) Saudi Arabia, Riyals


Element ListAmountPercentage of the capital (%)
Profit (Losses) Resulting From The Change In Investment Propertie’s Fair Value --
Accumulated Losses 78,60127.01
All figures are in (Thousands) Saudi Arabia, Riyals


Element ListExplanation
The reason of the increase (decrease) in the revenues during the current quarter compared to the same quarter of last year is The reason for decrease in revenues during the current quarter compared to the same quarter of the previous year is due to decrease in sales of general and medical insurance policies.
The reason of the increase (decrease) in the net profit during the current quarter compared to the same quarter of the last year is The reason for decrease in net profit during the current quarter compared to the same quarter of the previous year is due to decrease in net profit from insurance services results and net investment income.
The reason of the increase (decrease) in the revenues during the current quarter compared to the previous quarter is The reason for the increase in revenues during the current quarter compared to the previous quarter is due to a increase in sales of medical and Motor policies.
The reason of the increase (decrease) in the net profit (loss) during the current quarter compared to the previous quarter is The reason for the net profit during the current quarter compared to the net loss in the previous quarter is due to achieving a profit from insurance results as a result of not increasing technical provisions during the current quarter.
Statement of the type of external auditor's report Unmodified conclusion
Comment mentioned in the external auditor’s report, mentioned in any of the following paragraphs (other matter, conservation, notice, disclaimer of opinion, or adverse opinion) None
Reclassification of Comparison Items None
Additional Information Earnings per share has been calculated based on profit after zakat and tax.

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.

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