Riyadh - Mubasher: Bupa Arabia for Cooperative Insurance Company registered net profits after Zakat and tax totaling SAR 1.04 billion in the first nine months (9M) of 2026.
The generated profits were higher by 0.80% compared to SAR 1.03 billion in 9M-25.
Insurance revenue for the period rose by 14.04% to SAR 16.16 billion from SAR 14.17 billion, driven primarily by operational growth.
The company’s insurance service results improved by 4.64% to SAR 958.51 million, while net investment results climbed by 12.17% to SAR 626.01 million.
Earnings per share (EPS) for the period stood at SAR 7.01, up from SAR 6.90 a year earlier.
For the third quarter (Q3), net profit fell by 5.31% to SAR 344.68 million from SAR 364.01 million recorded in the prior-year quarter.
The company attributed the quarterly decline to higher operating expenses and the absence of a one-time Zakat reversal recorded in the previous year.
Total comprehensive income for the nine months plunged by 32.62% to SAR 775.31 million, impacted by fair value changes in the sukuk portfolio. Total shareholders' equity increased by 5.97% to reach SAR 6 billion.
In Q2-26, the group’s net profits increased by 7.17% to SAR 306.78 million from SAR 286.25 million.
