Financial Results : Gulf General incurs SAR 120.5M loss in 2025, SAR 35.8M in Q4

Gulf General incurs SAR 120.5M loss in 2025, SAR 35.8M in Q4

11/03/2026 Argaam Exclusive

View other reports

Gulf General Cooperative Insurance Co. deepened 2025 net losses to SAR 120.5 million, compared to SAR 94.2 million a year earlier.



Financials (M)

Item 2024 2025 Change‬
Insurance Revenues 414.35 321.75 (22.3 %)
Net Profit Before Zakat & Tax (52.33) (116.99) (123.5 %)
Net Income (94.21) (120.49) (27.9 %)
Average Shares 30.00 30.00 -
Earnings Per Share before unusual items (Riyals) (1.93) (4.02) (107.9 %)
EPS (Riyal) (3.14) (4.02) (27.9 %)

Losses increased as revenue declined 22.34% to SAR 321.75 million, compared with SAR 414.35 million a year earlier. The decline was mainly due to lower sales of motor insurance products.

 

Insurance service losses increased 86.85% year-on-year (YoY) to SAR 50.91 million.

 

In addition, reinsurance contract expenses rose by SAR 569,000 YoY.

 

Net investment income also decreased YoY by SAR 7.55 million.

 

Meanwhile, other operating expenses increased 78.96% YoY, or SAR 8.44 million.

 

The insurance services provider cut net losses by 54.7% to SAR 35.8 million in Q4 2025, from SAR 79 million in the prior-year period.

 

However, on a quarterly basis net losses widened by 12.5% from SAR 31.8 million in Q3 2025.



Current Quarter Comparison (M)

Compared With The
Item Q4 2024 Q4 2025 Change‬
Insurance Revenues 113.00 71.76 (36.5 %)
Net Profit Before Zakat & Tax (41.54) (35.91) 13.6 %
Net Income (79.00) (35.81) 54.7 %
Average Shares 30.00 30.00 -
Earnings Per Share before unusual items (Riyal) (1.42) (1.19) 16.2 %
EPS (Riyal) (2.63) (1.19) 54.7 %

Insurance Operations

Item 2024 2025 Change‬
Insurance Revenues 414.35 321.75 (22.3 %)
Insurance Services Income (58.62) (109.52) (86.8 %)
Investment Income 15.07 7.52 (50.1 %)
Net Profit of Insurance Services and Investment (43.23) (102.38) (136.8 %)

Total shareholders’ equity – no minority interest – dropped to SAR 165.11 million as of Dec. 31, 2025, from SAR 223.90 million a year earlier.

 

Accumulated losses came in at SAR 258.8 million by the end of the 12-month period, accounting for 86% of Gulf General’s capital.

 

View More Financial Results

 

Kindly, you can view the full report by subscribing to the

The report contains the details of the financial statements, The most important financial indicators, Historical information, Charts, and Forecasts of experts.

Contact Us (+966)-92000-7759

Comments {{getCommentCount()}}

Be the first to comment

{{Comments.indexOf(comment)+1}}
{{comment.FollowersCount}}
{{comment.CommenterComments}}

رد{{comment.DisplayName}} على {{getCommenterName(comment.ParentThreadID)}}

{{comment.DisplayName}} حساب موثّق

{{comment.ElapsedTime}}
loader Train
loader Train
Sorry: the validity period has ended to comment on this news
Opinions expressed in the comments section do not reflect the views of Argaam. Abusive comments of any kind will be removed. Political or religious commentary will not be tolerated.