United Cooperative Assurance Company Reports Earnings Results for the Second Quarter and Six Months Ended June 30, 2022
August 30, 2022 at 04:20 pm
United Cooperative Assurance Company reported earnings results for the second quarter and six months ended June 30, 2022. For the second quarter, the company reported net loss was SAR 20.72 million compared to SAR 8.53 million a year ago. Basic loss per share from continuing operations was SAR 0.52 compared to SAR 0.21 a year ago.
For the six months, net loss was SAR 42.58 million compared to SAR 37.52 million a year ago. Basic loss per share from continuing operations was SAR 1.06 compared to SAR 0.94 a year ago.