Saudi Arabian Shield Posts Net Losses of SAR 8.8 Million in First Nine Months of 2025
Arabian Shield Cooperative Insurance Company reported a net loss of SAR 32.83 million after Zakat attributable to owners for the first nine months (9M) of 2025. This contrasts sharply with net profits of SAR 69.21 million during the same period in 2024.
Insurance revenues for 9M-25 increased by 19.08%, reaching SAR 1.39 billion compared to SAR 1.72 billion in 9M-24.
Quarterly Results: Q3 2025
In the third quarter of 2025, Arabian Shield recorded net losses of SAR 9.37 million after Zakat, down from net profits of SAR 16.34 million in Q3-24.
Insurance revenues increased 20.89% to SAR 484.12 million in Q3-25 from SAR 400.43 million in Q3-24.
Compared to the previous quarter, net losses in Q3-25 shrank by 68.67% from SAR 29.91 million in Q2-24, while revenues grew 5.01% compared to SAR 460.99 million.
Per Share Metrics
- Loss per share in 9M-25 was SAR 0.41, compared to earnings per share (EPS) of SAR 0.87 in 9M-24.
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Arabian Shield's insurance revenue rose notably despite the company swinging to losses, reflecting challenges in profitability amid growing sales.