Arabian Shield generates over SAR 398m insurance revenue in Q1-26

ARABIAN SHIELD
8070 0.72% 11.23 0.08

Riyadh – Mubasher: Arabian Shield Cooperative Insurance Company achieved net profits after Zakat worth SAR 4.89 million during the first quarter (Q1) of 2026.

The net income in January-March 2026 reflected a 24.09% decrease from SAR 6.45 million in Q1-25, according to the income statements.

The insurance revenue stood at SAR 398.39 million in Q1-26, shrinking by 11.67% from SAR 451.04 million in Q1-25.

The earnings per share (EPS) went down to SAR 0.06 in Q1-26 from SAR 0.08 in Q1-25.

On a quarterly basis, the company turned profitable in Q1-26 against net losses of SAR 10.92 million in Q4-25, while the revenue declined by 17.98% from SAR 485.73 million.

In 2025, Arabian Shield incurred net losses worth SAR 43.75 million while the insurance revenues soared to SAR 1.88 billion.

Source: Mubasher Source: {{details.article.source}}