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Aljazira Takaful Taawuni’s net profits near SAR 35m in 9M-25

Aljazira Takaful Taawuni’s net profits near SAR 35m in 9M-25
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JAZIRA TAKAFUL
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-0.25% 12.10 -0.03

Riyadh - Mubasher: The net profit after Zakat attributable to shareholders of Aljazira Takaful Taawuni reached SAR 34.83 million in the first nine months (9M) of 2025, marking a 5.15% rise from SAR 33.13 million in 9M-24.

The earnings per share (EPS) grew to SAR 0.53 at the end of September 2025 from SAR 0.50 in 9M-24, according to the financial statements.

Insurance revenues amounted to SAR 266.56 million in 9M-25, signaling an annual growth of 6.22% from SAR 250.94 million in 9M-24.

Financial Statements of Q3-25

In the third quarter (Q3) of 2025, the Saudi company delivered net profits after Zakat attributable to the shareholders totaling SAR 14.64 million, higher by 58.17% than SAR 9.25 million in Q3-24.

During the July-September 2025 period, insurance revenues hiked by 24.72% to SAR 95.67 million from SAR 76.70 million in the same period last year.

Quarter-on-quarter (QoQ), the Q3-25 net profits soared by 258.94% compared to SAR 4.08 million in Q2-25, whereas the revenues climbed by 9.79% from SAR 87.13 million.