Gulf Union Alahlia Cooperative Insurance Swings to H1 Attributable Profit; Revenue Falls

03:30 AM EDT, 08/05/2026 (MT Newswires) -- Gulf Union Alahlia Cooperative Insurance (SASE:8120) said Wednesday it emerged from a loss for the first half, while insurance revenue decreased year over year. Net profit after zakat attributable to shareholders for the six months ended June 30 was 1.7 million Saudi riyals, compared with the attributable loss of 67.8 million riyals a year ago. EPS was 0.04 riyal, compared with a loss per share of 1.48 riyals. The insurance company's insurance revenue was 464.7 million riyals, compared with 508.2 million riyals earlier.