Saudi marketUpdated November 5

Tawuniya’s nine-month net profit rises 1.02% to SAR 911.6 million.

After the sharp quarterly jump, the first-nine-month total looks much steadier. Tawuniya reported net profit after zakat attributable to shareholders of about SAR 911.6 million, compared with SAR 902.4 million in the same period last year—a 1.02% increase. The source says growth in insurance revenue and improved investment results supported performance. That nine-month figure is separate from Q3, and its modest rise puts the quarter’s surge in perspective.

1 publisher1 report

Coverage started November 5