Bupa Arabia logs SAR 1.1bn net profits in 2024

Riyadh – Mubasher: The net profits after Zakat attributable to the shareholders of Bupa Arabia for Cooperative Insurance Company hit SAR 1.16 billion in 2024, an annual rise of 24.02% from SAR 940.16 million.

Insurance revenues hit SAR 18.10 billion last year, a 13.93% surge from SAR 15.88 billion in 2023, according to the financial results.

Earnings per share (EPS) stood at SAR 7.79 in the 12-month period that ended on 31 December 2024, compared to SAR 6.29 a year earlier.

In the first half (H1) of 2024, the Saudi insurance firm’s net profits after Zakat attributable to the shareholders enlarged by 36.44% to SAR 764.02 million from SAR 559.94 million in H1-23.

Mubasher Contribution Time: 30-Jan-2025 04:04 (GMT)
Mubasher Last Update Time: 30-Jan-2025 04:04 (GMT)