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Saudi Enaya Cooperative Insurance Swings to H1 Loss; Insurance Revenue Falls

MT Newswires·08/05/2026 03:19:47
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03:19 AM EDT, 08/05/2026 (MT Newswires) -- Saudi Enaya Cooperative Insurance (SASE:8311) on Wednesday reported a loss for the first half, while insurance revenue slid year over year. Net loss after zakat attributable to shareholders for the six months ended June 30 was 25 million Saudi riyals, compared with a profit of 682,000 riyals earlier. Loss per share moved to 1.09 riyals from an EPS of 0.03 riyal. The Saudi insurance company's insurance revenue was 73.1 million riyals, compared with 104.9 million riyals a year ago.