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Walaa Cooperative Insurance Co. 2024 Annual Results

Revenue

SAR 3.34B

Net Profit

SAR 64M

EPS

SAR 0.62

Operating Cash Flow

SAR 66M

Walaa Cooperative Insurance Co. (8060) reported full year 2024 revenue of SAR 3.34B, up 15.8% from SAR 2.89B in 2023. Net profit came in at SAR 64M, down 56.5% year on year. Earnings per share were SAR 0.62. The company generated SAR 66M in operating cash flow. All figures sourced from CMA-mandated XBRL filings on the Saudi Exchange, processed by Sahm Screener.

Key Financial Metrics

Metric	2024	2023
Revenue	SAR 3.34B	SAR 2.89B
Net Profit	SAR 64M	SAR 148M
Net Margin	1.9%	5.1%
ROE	3.5%	11.6%
EPS	SAR 0.62	SAR 1.74
Total Assets	SAR 4.77B	SAR 4.11B
Total Equity	SAR 1.83B	SAR 1.27B
Total Liabilities	SAR 2.94B	SAR 2.84B
Operating Cash Flow	SAR 66M	SAR 423M

Year on Year Comparison

Revenue increased by 15.8% compared to 2023. Net profit decreased by 56.5%. Revenue grew but profit declined — suggesting margin pressure.

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Financial data sourced from CMA-mandated XBRL filings published on the Saudi Exchange (Tadawul). Data processed and structured by Sahm Screener (sahmscreener.com). Updated nightly. Last updated: 2025-03-23.