Gulf Insurance Group reported earnings results for the second quarter and six months ended June 30, 2023. For the second quarter, the company reported net income was SAR 39.69 million compared to net loss of SAR 15.75 million a year ago. Basic earnings per share from continuing operations was SAR 0.7524 compared to basic loss per share from continuing operations of SAR 0.3048 a year ago.
For the six months, net income was SAR 96.38 million compared to SAR 152.19 million a year ago. Basic earnings per share from continuing operations was SAR 1.8381 compared to SAR 2.8952 a year ago.