Monday, 12 May 2025

Al Jazira Takaful Q1 profit rises 26% to SAR 16 mln

Al Jazira Takaful Cooperative Co. reported a 26% year-on-year increase in net profit after zakat to SAR 16 million in the first quarter of 2025, up from SAR 13 million in the same quarter of 2024.

Net investment income dropped sharply to SAR 11 million, down 90% from SAR 106 million a year earlier.

Earnings per share rose to SAR 0.24, from SAR 0.19.

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