Wataniya Insurance Q2 Profits Decline 98% to SAR 446,000

Wataniya Insurance Co. announced on Monday that its net profit after zakat decreased to SAR 446,000 in the second quarter of 2025, compared with SAR 28.4 million for the same period last year, a 98% decline.

Net insurance profits amounted to SAR 1.8 million, compared with SAR 16.7 million, a decline of 89% compared with the same period last year.

Profits per share for this period amounted to SAR 0.17, compared with SAR 0.39 for the same period last year.