Saico Logs Lower H1 Profit; Insurance Revenue Rises

01:39 AM EDT, 08/04/2026 (MT Newswires) -- Saudi Arabian Cooperative Insurance (SASE:8100), d/b/a Saico, said Tuesday its attributable profit for the first half declined, while insurance revenue rose year over year. Net profit after zakat attributable to shareholders for the six months ended June 30 was 16 million Saudi riyals, compared with 27.7 million riyals a year earlier. EPS moved to 0.53 riyal from 0.92 riyal. The Saudi Arabia-listed insurer's insurance revenue was 743.7 million riyals, compared with 555.7 million riyals a year ago.