Gulf Insurance Group (GIG) reported a net profit of SAR 95.7 million for the first nine months of 2025, a hike of 77% compared to SAR 54.1 million in the year-ago period.
| Item | 9m 2024 | 9m 2025 | Change |
|---|---|---|---|
| Insurance Revenues | 1,101.05 | 1,108.72 | 0.7 % |
| Net Income | 54.05 | 95.67 | 77.0 % |
| Average Shares | 52.50 | 52.50 | - |
| Earnings Per Share before unusual items (Riyals) | 1.03 | 1.82 | 77.0 % |
| EPS (Riyal) | 1.03 | 1.82 | 77.0 % |
| Item | Q3 2024 | Q3 2025 | Change |
|---|---|---|---|
| Insurance Revenues | 379.27 | 381.96 | 0.7 % |
| Net Income | 21.81 | 34.43 | 57.9 % |
| Average Shares | 52.50 | 52.50 | - |
| Earnings Per Share before unusual items (Riyal) | 0.42 | 0.66 | 57.9 % |
| EPS (Riyal) | 0.42 | 0.66 | 57.9 % |
| Item | Q2 2025 | Q3 2025 | Change |
|---|---|---|---|
| Insurance Revenues | 359.19 | 381.96 | 6.3 % |
| Net Income | 34.14 | 34.43 | 0.9 % |
| Average Shares | 52.50 | 52.50 | - |
| Earnings Per Share before unusual items (Riyal) | 0.65 | 0.66 | 0.9 % |
| EPS (Riyal) | 0.65 | 0.66 | 0.9 % |
The third-quarter net profit jumped 58% to SAR 34.4 million, from SAR 21.8 million in Q3 2024.
Sequentially, the three-month bottom line inched up 0.9% from SAR 34.14 million in Q2 2025.
| Item | 9m 2024 | 9m 2025 | Change |
|---|---|---|---|
| Insurance Revenues | 1,101.05 | 1,108.72 | 0.7 % |
| Insurance Services Income | 69.17 | 99.32 | 43.6 % |
| Investment Income | 70.39 | 75.28 | 6.9 % |
| Net Profit of Insurance Services and Investment | 107.94 | 148.71 | 37.8 % |
Total shareholders’ equity, no minority interest, stood at SAR 1.16 billion at the end of Sept. 30, 2025, from SAR 1.06 billion in the year-earlier period.
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