SNG: Saudi GIG delivers 77% higher net profits in 9M-25

About this update from Gulf Insurance Group K.s.c.

First published: 05-Nov-2025 20:32:09Staff WriterGulf Insurance Group (GIG) registered an annual leap of 76.99% in net profits after Zakat attributable to the owners to SAR 95.66 million in the first nine months (9M) of 2025.The 9M-25 net profits were compared to SAR 54.05 million in 9M-24, according to the financial results.The earnings per share (EPS) grew to SAR 1.82 as of 30 September 2025 from SAR 1.03 in 9M-24.Insurance revenues hit SAR 1.108 billion in 9M-25, up 0.69% year-on-year (YoY) from SAR 1.101 billion.Financial Statements for Q3-25During the third quarter (Q3) of 2025, the net profits after Zakat attributable to the owners of Saudi GIG hit SAR 34.43 million, marking an annual surge of 57.86% from SAR 21.81 million.The insurance revenues edged up by 0.70% to SAR 381.95 million in the July-September 2025 period from SAR 379.27 million in Q3-24.Quarterly, the Q3-25 net profits went up by 0.86% from SAR 34.13 million in Q2-25, while the revenues climbed by 6.33% compared to SAR 359.18 million.All Rights Reserved - Mubasher Info © 2005 - 2025 Provided by SyndiGate Media Inc. (Syndigate.info).Disclaimer: The content of this article is syndicated or provided to this website from an external third party provider. We are not responsible for, and do not control, such external websites, entities, applications or media publishers. The body of the text is provided on an “as is” and “as available” basis and has not been edited in any way. Neither we nor our affiliates guarantee the accuracy of or endorse the views or opinions expressed in this article. Read our full disclaimer policy here.

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