Al Rajhi Company for Cooperative Insurance

Saudi Stock Exchange 8230.SR

Al Rajhi Company for Cooperative Insurance EBIT for the year ending December 31, 2023: USD 89.86 M

Al Rajhi Company for Cooperative Insurance EBIT is USD 89.86 M for the year ending December 31, 2023, a 309.29% change year over year. EBIT means earnings before interest and taxes, it is calculated as operating income plus non-operating income.
  • Al Rajhi Company for Cooperative Insurance EBIT for the year ending December 31, 2022 was USD 21.96 M, a -34.23% change year over year.
  • Al Rajhi Company for Cooperative Insurance EBIT for the year ending December 31, 2021 was USD 33.38 M, a -54.88% change year over year.
  • Al Rajhi Company for Cooperative Insurance EBIT for the year ending December 31, 2020 was USD 73.99 M, a 134.51% change year over year.
  • Al Rajhi Company for Cooperative Insurance EBIT for the year ending December 31, 2019 was USD 31.55 M, a -41.84% change year over year.
Key data
Date EBIT EBITDA Net Income EPS (Diluted)
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Saudi Stock Exchange: 8230.SR

Al Rajhi Company for Cooperative Insurance

CEO Mr. Saud Ghonem Bin Al Ghonem
IPO Date March 4, 2010
Location Saudi Arabia
Headquarters 3485 Thomamah Road- (Takhassusi)
Employees 115
Sector Finance
Industries
Description

Al Rajhi Company for Cooperative Insurance provides various insurance products and services to individuals, SMEs, and corporates in the Kingdom of Saudi Arabia. The company operates in four segments: Medical, Motor, Property and casualty, and Protection and Savings. It offers engineering, motor, unified health, domestic helper, travel, medical malpractice, visitor visa, personal accident, and homeowners, as well as general insurance products, such as property all risks, workers injury compensation and employer's liability, fidelity guarantee, and public business liability. The company also provides liability, contractors risk, marine cargo, plant machinery, machinery breakdown, and erection all risk insurance products; and protection and savings products, such as education, marriage, life, retirement, and investment insurance policies. In addition, it is involved in the re-takaful/re-insurance and agency activities. The company was founded in 2008 and is headquartered in Riyadh, the Kingdom of Saudi Arabia.

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StockViz Staff

January 15, 2025

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