Gulf Insurance Group Reports Earnings Results for the Second Quarter and Six Months Ended June 30, 2022
August 18, 2022 at 12:31 pm
Gulf Insurance Group reported earnings results for the second quarter and six months ended June 30, 2022. For the second quarter, the company reported net income was SAR 22.17 million compared to SAR 28.08 million a year ago. Basic earnings per share from continuing operations was SAR 0.44 compared to SAR 0.56 a year ago. Diluted earnings per share from continuing operations was SAR 0.44 compared to SAR 0.56 a year ago.
For the six months, net income was SAR 42.46 million compared to SAR 64.64 million a year ago. Basic earnings per share from continuing operations was SAR 0.85 compared to SAR 1.29 a year ago. Diluted earnings per share from continuing operations was SAR 0.85 compared to SAR 1.29 a year ago.