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Source: معلومات مباشر
20 Hrsمعلومات مباشر
Source: معلومات مباشر
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Malath Cooperative Insurance’s net profit rose 34.1% year on year in the third quarter of 2026 to SAR 846,000. The increase was supported by a turnaround in insurance service results—from a loss of SAR 30.62 million to a profit of SAR 7.36 million—and a 46.6% decline in insurance finance expenses. However, a 99.1% drop in investment income to SAR 330,000 limited profit growth, while net profit fell 57.5% compared with the previous quarter. In the first nine months of the year, net profit declined 51.6% to SAR 8.32 million, while insurance revenue fell 23.2% to SAR 823.39 million.
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