Update: Al Sagr Cooperative Insurance Swings to H1 Net Profit; Insurance Revenue Up

11:24 PM EDT, 08/02/2026 (MT Newswires) -- (Updates headline and first and second paragraphs to reflect the company's correction announcement) Al Sagr Cooperative Insurance (SASE:8180) said Sunday that it swung to an attributable profit for the first half, while insurance revenue edged up year over year. Net profit after zakat attributable to shareholders for the six months ended June 30 was 2.1 million Saudi riyals, compared with a net loss of 33.3 million riyals earlier. EPS moved to 0.07 riyal from a loss per share of 1.11 riyals. The Tadawul-listed insurance company's insurance revenue was 303.8 million riyals, compared with 303.5 million riyals a year ago.