Riyadh – Mubasher: AXA Cooperative Insurance Company’s net earnings before Zakat registered SAR 55.7 million in the third quarter (Q3) of 2020, 146.8% more than SAR 22.5 million in the corresponding quarter in 2019.
The growth in quarterly profits was helped by an overall improvement in the company’s insurance results and higher total investment income, according to a stock exchange disclosure on Thursday.
Over the January-September period of the year, the insurer logged SAR 125.96 in net profits, up by 57.7% yearly.
