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Bahrain Kuwait Insurance B S C : Financial Results 30th September 2025
Bahrain Kuwait Insurance B S C : Financial Results 30th September

About this update from Bahrain Kuwait Insurance Company Bsc
- -D ! ! NJ-u.ul I Bahrain Kuwait Insurance Company B.S.C. BAHRAIN Tuesday, 11 th November 2025 To: Boursa Kuwait Mubarak AI Kabeer Street, AlSharq P.O. Box 22235, Safat 13083, Kuwait Sub: BKIC Interim Condensed Consolidated Financial Statements - 30 t h September 2025 We have pleasure in informing you that the Board of Directors of Bahrain Kuwait Insurance Company (BSC) has approved on Tuesday 11 t h November 2025 the interim condensed consolidated financial statements for the 9-month period ended 30 t h September 2025. The financial information forms along with the approved auditor's report are attached herewith for your kind reference and records. Thanks and best regards, Yours sincerely, Ali Hasan Fardan Senior Manager - Legal and Compliance and Secretary to the Board Enclosures/ Bah ain u t nsu nce Company B.S.C. " 2025-11-11 Approved financial statements. Approved auditor's report This form shall not be deemed to be complete unless the d oc umen ts mentioned above a re prov ided 2024-09-30 2025-09-30 Statement (4) 3,240,400 3,104,541 Net Profit (Loss) represents the amount (4) 22 attributab le to the owne rs of the parent Company fly 1l I (igL«s•) 21 Basic & Diluted Ea rnings per Sh are (18) (6) 87,506,375 156,169,853 71,887,024 146,668,304 96 8,734,650 17,079,697 Current Liabilities (8) 118,463,935 108,744,177 Total Liabilities Curre nt A ssets Total Assets 2 36,018,240 36,811,359 Total Equity attributable to the owners of the Parent Company 29 19,300,884 24,921,565 Total Opera ting Revenue 9 1,420,873 1,543,082 Net Operating Profit (Loss) N/A (0.1) N /A 1.235 N /A 1.234 Accumulated Loss/ Paid-Up Share Capital Exchange Rate 2024-09-30 2025-09-30 861,484 928,576 6 6 5,846,961 10 678 498 139,340 299,893 Statement Net Profit (Loss) represents the amount attributable to the owners of the parent Company All 15l I (SyL•+s•) Basic & Diluted Earnings per Share 83 115 Not Applicable for first Quarter Total Operating Revenue *' Net Operating Profit (Loss) J‹*! ! W . > • The decrease in the net profit for the six months ended 30 t h September 2025 compared to the same period last year is due to the first-time implementation of the 15% Domestic Minimum Top- up Tax in Bahrain and Kuwait, which came into effect in January 2025 for multinational companies and was not reflected last year. 343,613 (1,236,349) 2024-09-30 2025-09-30 (4) 4,001,894 3,831,004 Net Profit (Loss) represent the amount attributable to the owners of the parent Company (4) 27 26 It WVI I itL•«s•/ •/ Basic & Diluted Earnings per Share (18) 108,070,374 88,708,588 Current Assets (6) 192,869,769 180,988,687 Total Assets 95 10,787,293 21,076,346 Current Liabilities (8) 146,302,959 134,190,315 Total Liabilities 2 44,482,526 45,425,217 Total Equity attributable to the owners of the 29 23,836,592 30,753,211 Pare nt Co mpan y " i ai yi g lH Total Operating Revenue 9 1,754,778 1,904,163 Net Operating Profit (Loss) N/A N/A N/A Accumulated Loss/ Paid-Up Share Capital 2024-09-30 Statement 2 025-0 9-30 8 1,063,933 1,145,863 Net Profit (Loss) represents the amount attributable to t he owner s of the parent Company 8 7 iy at i z, / 8 Basic & Diluted Earnings per snare 82 7,220,997 13,177,267 Total Operating Revenue 115 172,085 370,068 Net Operating Profit (Loss) Not Applicable for first Quarter Auditor Opinion 1. Unqualified Opinion 2. Qualified Opinion 3. Disclaimer of Opinion 4. Adverse Opinion In the event of selecting item No. 2, 3 or 4, the following table must be filled out, and this form is not considered complete unless it is filled. NIL NIL NIL NIL NIL NIL Cash Dividends NIL NIL Bonus Share NIL NIL Other Dividend NIL NIL No Dividends NIL NIL Issue Premium NIL Capital Increase NIL Capital Decrease +nd Co" Senior Manager Legal and Compliance and Secretary to the Board Ali Hasan Fardan Report on review of interim condensed consolidated financial information To the Board of Directors of Bahrain Kuwait Insurance Company B.S.C. Introduction We have reviewed the accompanying interim condensed consolidated statement of financial position of Bahrain Kuwait Insurance Company B.S.C. (the "Company'} and its subsidiary (the "Group") as at 30 September 2025 and the related interim condensed consolidated statements of profit or loss and comprehensive income for the three-month and nine-month periods then ended, and interim condensed consolidated statements of changes in equity and cash flows for the nine-month period then ended and explanatory notes. The Board of Directors is responsible for the preparation and presentation of this interim condensed consolidated financial information in accordance with International Accounting Standard 34, 'Interim Financial Reporting' ("IAS 34"). Our responsibility is to express a conclusion on this interim condensed consolidated financial information based on our review. Scope of review We conducted our review in accordance with International Standard on Review Engagements 2410,"Review of interim financial information performed by the independent auditor of the entity". A review of interim financial information consists of making inquiries, primarily of persons responsible for financial and accounting matters, and applying analytical and other review procedures. A review is substantially less in scope than an audit conducted in accordance with International Standards on Auditing and consequently does not enable us to obtain assurance that we would become aware of all significant matters that might be identified in an audit. Accordingly, we do not express an audit opinion. Conclusion Based on our review, nothing has come to our attention that causes us to believe that the accompanying interim condensed consolidated financial information is not prepared, in all material respects, in accordance with IAS 34. John Molloy PricewaterhouseCoopers M.E Limited Partner's registration number: 255 Manama, Kingdom of Bahrain 11 November 2025 PricewaterhouseCoopers M.E Limited Office no. 4701, Building no. 1459, Road no. 4626, Block no. 346, P.O. Box 60771, Manama/Sea Front, Kingdom of Bahrain T: +973 17 118800, F: +973 17 540556, CR no. 47378
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