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Rajhi Q3 profit SAR87.35m
Al Rajhi Company for Cooperative Insurance (“Al Rajhi Takaful”) posted a net profit of SAR 87.35 million in the third quarter of 2026, up 2.01% year on year but down 7.4% from the second quarter. The company attributed the annual improvement to higher motor and medical insurance revenues. Insurance revenue rose 14.9% to SAR 1.561 billion, despite a 7.6% decline in net investment results to SAR 53.22 million, due to higher provisions for expected investment losses. Net profit for the first nine months reached SAR 295.2 million, up 2.5% from the same period last year.
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